IBM
C2010-555 · Question #71
What costing method should be used if the receipt cost of items that are the oldest in stock is required?
The correct answer is B. FIFO. https://www-01.ibm.com/support/docview.wss?uid=swg21384733
Inventory Management
Question
What costing method should be used if the receipt cost of items that are the oldest in stock is required?
Options
- ALIFO
- BFIFO
- CAverage
- DStandard
How the community answered
(31 responses)- A10% (3)
- B84% (26)
- C3% (1)
- D3% (1)
Explanation
Topics
#FIFO#costing method#inventory costing#oldest stock
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