Post Utme Unilorin 2022 Commerce Question 1

Practice objective / multiple choice question 1 from the 2022 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2022 Commerce Objective / Multiple Choice

Question 1 POST_UTME_UNILORIN • 2022 • COMMERCE • objective

In a warehouse management system, what is the primary benefit of using a first-in-first-out (FIFO) inventory management strategy?

Answer Options

A. Reduced storage costs

Correct Answer B. Improved inventory turnover

C. Enhanced customer satisfaction

D. Increased stock obsolescence

Correct Answer

Correct Option:

Improved inventory turnover

About This Question

This is Post Utme Unilorin 2022 Commerce Question 1. It is one of the objective questions from the 2022 Post Utme Unilorin Commerce examination.

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