Post Utme Lautech 2020 Commerce Question 4

Practice objective / multiple choice question 4 from the 2020 Post Utme Lautech Commerce examination.

Post Utme Lautech 2020 Commerce Objective / Multiple Choice
Question 4 POST_UTME_LAUTECH • 2020 • COMMERCE • objective

A company's warehouse is stocked with 500 units of a product. The company uses the first-in-first-out (FIFO) method of inventory management. If 200 units are sold, what is the new quantity of the product in the warehouse?

Answer Options

Correct Answer A. 300
B. 400
C. 500
D. 600
Correct Answer
A
Correct Option:
300

About This Question

This is Post Utme Lautech 2020 Commerce Question 4. It is one of the objective questions from the 2020 Post Utme Lautech Commerce examination.

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