FIFO stands for ______.
A. First Interactive First Out
B. First In First Out
C. First Invented First Out
D. First Interface First Out
Answer: Option B
Solution (By Examveda Team)
FIFO stands for First In First Out means that the oldest inventory items r recorded as sold first but do not necessarily mean that the exact oldest physical object has been tracked and sold.This Question Belongs to Management >> Management Information System (MIS)
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