Post Utme Madonna University 2019 Commerce Question 28

Practice objective / multiple choice question 28 from the 2019 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2019 Commerce Objective / Multiple Choice
Question 28 POST_UTME_MADONNA_UNIVERSITY • 2019 • COMMERCE • objective

A firm's stock control system uses a first-in-first-out (FIFO) inventory method. If the firm has 100 units of stock, and 20 units are sold, how many units of stock will be left?

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 Madonna University 2019 Commerce Question 28. It is one of the objective questions from the 2019 Post Utme Madonna University Commerce examination.

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