Post Utme Esut 2023 Commerce Question 13

Practice objective / multiple choice question 13 from the 2023 Post Utme Esut Commerce examination.

Post Utme Esut 2023 Commerce Objective / Multiple Choice

Question 13 POST_UTME_ESUT • 2023 • COMMERCE • objective

A company's warehouse is designed to store a large quantity of goods. If the company uses a first-in-first-out (FIFO) inventory system, which of the following is true?

Correct Answer A. The oldest items are sold first

B. The newest items are sold first

C. The items are sold in the order they are received

D. The items are sold randomly

Correct Answer

Correct Option:

The oldest items are sold first

This is Post Utme Esut 2023 Commerce Question 13. It is one of the objective questions from the 2023 Post Utme Esut Commerce examination.

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