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Exam C2010-555 All Questions

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Exam C2010-555 topic 1 question 8 discussion

Actual exam question from IBM's C2010-555
Question #: 8
Topic #: 1
[All C2010-555 Questions]

What costing method should be used if the receipt cost of items that are the newest in stock is required?

  • A. LIFO
  • B. FIFO
  • C. Average
  • D. Standard
Show Suggested Answer Hide Answer
Suggested Answer: A 🗳️
Reference:
http://www.ibm.com/support/knowledgecenter/SSLKT6_7.5.0/com.ibm.mam.doc/glossary/glossary.html
by tomben_eu at Nov. 4, 2020, 2:24 p.m.

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everwelwisher
3 years, 3 months ago
careful... some times in exam the put OLD in stead of NEW If there is word NEW then Answer is LIFO if the word is OLD then answer if FIFO
upvoted 2 times
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tomben_eu
4 years ago
https://www.ibm.com/support/pages/what-difference-using-lifofifo-versus-avg-average-cost-maximo-75x
upvoted 1 times
...

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