Post Utme Futa 2020 Commerce Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Futa Commerce examination.

Post Utme Futa 2020 Commerce Objective / Multiple Choice
Question 33 POST_UTME_FUTA • 2020 • COMMERCE • objective

A company's stock control system involves the use of a first-in-first-out (FIFO) inventory system. If the company has 100 units of a product 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. 120 units
Correct Answer
A
Correct Option:
80 units

About This Question

This is Post Utme Futa 2020 Commerce Question 33. It is one of the objective questions from the 2020 Post Utme Futa Commerce examination.

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