Post Utme Christopher University 2024 Commerce Question 9

Practice objective / multiple choice question 9 from the 2024 Post Utme Christopher University Commerce examination.

Post Utme Christopher University 2024 Commerce Objective / Multiple Choice
Question 9 POST_UTME_CHRISTOPHER_UNIVERSITY • 2024 • COMMERCE • objective

A firm's warehousing system uses a first-in-first-out (FIFO) inventory management system. If the firm has 100 units of goods in stock, and 20 units are sold, what is the new stock level?

Answer Options

Correct Answer A. 80 units
B. 90 units
C. 100 units
D. 110 units
Correct Answer
A
Correct Option:
80 units

About This Question

This is Post Utme Christopher University 2024 Commerce Question 9. It is one of the objective questions from the 2024 Post Utme Christopher University Commerce examination.

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