Post Utme Bsu 2023 Commerce Question 38

Practice objective / multiple choice question 38 from the 2023 Post Utme Bsu Commerce examination.

Post Utme Bsu 2023 Commerce Objective / Multiple Choice
Question 38 POST_UTME_BSU • 2023 • COMMERCE • objective

A warehouse is using a first-in-first-out (FIFO) inventory system. If the warehouse receives a new shipment of goods, what happens to the oldest goods in the inventory?

Answer Options

A. They are moved to the front of the inventory
Correct Answer B. They are moved to the back of the inventory
C. They are sold first
D. They are discarded
Correct Answer
B
Correct Option:
They are moved to the back of the inventory

About This Question

This is Post Utme Bsu 2023 Commerce Question 38. It is one of the objective questions from the 2023 Post Utme Bsu Commerce examination.

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