Post Utme Covenant University 2022 Commerce Question 21

Practice objective / multiple choice question 21 from the 2022 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2022 Commerce Objective / Multiple Choice
Question 21 POST_UTME_COVENANT_UNIVERSITY • 2022 • COMMERCE • objective

A company uses a first-in-first-out (FIFO) inventory system to manage its inventory. The company receives a shipment of 1,000 units and already has 500 units in stock. What is the new stock level?

Answer Options

A. 1,000
B. 1,500
Correct Answer C. 2,000
D. 2,500
Correct Answer
C
Correct Option:
2,000

About This Question

This is Post Utme Covenant University 2022 Commerce Question 21. It is one of the objective questions from the 2022 Post Utme Covenant University Commerce examination.

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