Post Utme Covenant University 2018 Commerce Question 17

Practice objective / multiple choice question 17 from the 2018 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2018 Commerce Objective / Multiple Choice
Question 17 POST_UTME_COVENANT_UNIVERSITY • 2018 • COMMERCE • objective

A warehouse manager wants to optimize storage space by using a first-in-first-out (FIFO) inventory system. What is the primary benefit of this approach?

Answer Options

A. Reduced storage costs
Correct Answer B. Improved inventory turnover
C. Enhanced product quality
D. Increased storage capacity
Correct Answer
B
Correct Option:
Improved inventory turnover

About This Question

This is Post Utme Covenant University 2018 Commerce Question 17. It is one of the objective questions from the 2018 Post Utme Covenant University Commerce examination.

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