Post Utme Eksu 2023 Commerce Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Eksu Commerce examination.

Post Utme Eksu 2023 Commerce Objective / Multiple Choice
Question 24 POST_UTME_EKSU • 2023 • COMMERCE • objective

A company's stock control system uses a first-in-first-out (FIFO) inventory method. If the company has 100 units of a product in stock, and 20 units are sold, what is the new quantity of the product in stock?

Answer Options

Correct Answer A. 80
B. 90
C. 100
D. 120
Correct Answer
A
Correct Option:
80

About This Question

This is Post Utme Eksu 2023 Commerce Question 24. It is one of the objective questions from the 2023 Post Utme Eksu Commerce examination.

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