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Subject - Accounting:

Financial Accounting

MCQ - 178-180

Question:

FIFO is the abbreviation of:

  1. Final Interest-Free Option
  2. First in First out Method
  3. None of the given options
  4. First in First out Method

Correct Answer: B

Explanation:

Not required

Record Performance

355 MCQ for effective preparation of the test of Financial Accounting of Accounting section.

Read the MCQ statement: FIFO is the abbreviation of: , keenly and apply the method you have learn through the video lessons for Financial Accounting to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 178-180.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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