Free APICS CPIM Exam Practice Questions & Explanations

Last updated on: Sep 14, 2026
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Question 1

A difference between the physical count and inventory dollars for the inventory records is called:

Answer Options
Correct Answer: C
Question 2

As applied to inventories, it is usually found that the relationship between the percentage of items and the percentage of annual dollar usage follows a pattern in which three groups can be defined:

Group A About 50 % of the items account for about 5 % of the dollar usage

Group B About 20 % of the items account for about 80 % of the dollar usage

Group C About 30 % of the items account for about 15 % of the dollar usage

Answer Options
Correct Answer: B
Question 3

_ is the delivered cost of a product to a particular geographic point.

Answer Options
Correct Answer: B
Question 4

Which file contains information on the capacity and move, wait, and queue times associated with the center?

Answer Options
Correct Answer: A
Question 5

Errors will always be made, but defects can be removed.

Answer Options
Correct Answer: A