Post Utme Greenfield University 2018 Commerce Question 33

Practice objective / multiple choice question 33 from the 2018 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2018 Commerce Objective / Multiple Choice
Question 33 POST_UTME_GREENFIELD_UNIVERSITY • 2018 • COMMERCE • objective

A warehouse is using a first-in, first-out (FIFO) inventory management system. If the warehouse receives a new shipment of goods, what will happen to the oldest inventory?

Answer Options

Correct Answer A. It will be sold first
B. It will be stored separately
C. It will be discarded
D. It will be used as a sample
Correct Answer
A
Correct Option:
It will be sold first

About This Question

This is Post Utme Greenfield University 2018 Commerce Question 33. It is one of the objective questions from the 2018 Post Utme Greenfield University Commerce examination.

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