Post Utme Oau 2022 Commerce Question 39

Practice objective / multiple choice question 39 from the 2022 Post Utme Oau Commerce examination.

Post Utme Oau 2022 Commerce Objective / Multiple Choice
Question 39 POST_UTME_OAU • 2022 • COMMERCE • objective

A warehouse manager is responsible for storing goods in a warehouse. The manager uses a first-in-first-out (FIFO) inventory system. What is the primary advantage of using a FIFO system?

Answer Options

Correct Answer A. It ensures that the oldest goods are sold first
B. It ensures that the most expensive goods are sold first
C. It ensures that the goods are stored in a specific order
D. It ensures that the goods are handled with care
Correct Answer
A
Correct Option:
It ensures that the oldest goods are sold first

About This Question

This is Post Utme Oau 2022 Commerce Question 39. It is one of the objective questions from the 2022 Post Utme Oau Commerce examination.

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