Post Utme Uniben 2019 Commerce Question 14

Practice objective / multiple choice question 14 from the 2019 Post Utme Uniben Commerce examination.

Post Utme Uniben 2019 Commerce Objective / Multiple Choice
Question 14 POST_UTME_UNIBEN • 2019 • COMMERCE • objective

A warehouse's inventory turnover ratio is calculated by dividing the cost of goods sold by the average inventory level. True or False?

Answer Options

A. True
Correct Answer B. False
C. Depends on the type of inventory
D. Not applicable
Correct Answer
B
Correct Option:
False

About This Question

This is Post Utme Uniben 2019 Commerce Question 14. It is one of the objective questions from the 2019 Post Utme Uniben Commerce examination.

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