Post Utme Al Hikmah University 2019 Commerce Question 14

Practice objective / multiple choice question 14 from the 2019 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2019 Commerce Objective / Multiple Choice

Question 14 POST_UTME_AL-HIKMAH_UNIVERSITY • 2019 • COMMERCE • objective

A company's warehouse is designed to store goods in a way that minimizes the risk of damage and loss. What is the name of this storage system?

Answer Options

Correct Answer A. First-in, first-out (FIFO)

B. Last-in, first-out (LIFO)

C. Least-cost method

D. Economic order quantity (EOQ)

Correct Answer

Correct Option:

First-in, first-out (FIFO)

About This Question

This is Post Utme Al Hikmah University 2019 Commerce Question 14. It is one of the objective questions from the 2019 Post Utme Al Hikmah University Commerce examination.

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