Post Utme Veritas University 2023 Commerce Question 40

Practice objective / multiple choice question 40 from the 2023 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2023 Commerce Objective / Multiple Choice
Question 40 POST_UTME_VERITAS_UNIVERSITY • 2023 • COMMERCE • objective

A company has a warehouse with a capacity of 10,000 units. The warehouse operates on a first-in-first-out (FIFO) inventory system. If the warehouse receives a shipment of 2,000 units and then sells 1,200 units, what is the new inventory level?

Answer Options

A. 6,800
Correct Answer B. 7,200
C. 8,000
D. 8,800
Correct Answer
B
Correct Option:
7,200

About This Question

This is Post Utme Veritas University 2023 Commerce Question 40. It is one of the objective questions from the 2023 Post Utme Veritas University Commerce examination.

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