Post Utme Osustech 2019 Commerce Question 40

Practice objective / multiple choice question 40 from the 2019 Post Utme Osustech Commerce examination.

Post Utme Osustech 2019 Commerce Objective / Multiple Choice
Question 40 POST_UTME_OSUSTECH • 2019 • COMMERCE • objective

A firm's stock control system involves a first-in-first-out (FIFO) inventory method. If the firm has 100 units of stock, and 20 units are sold, what is the new stock level?

Answer Options

A. 80
B. 90
Correct Answer C. 80
D. 90
Correct Answer
C
Correct Option:
80

About This Question

This is Post Utme Osustech 2019 Commerce Question 40. It is one of the objective questions from the 2019 Post Utme Osustech Commerce examination.

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