During the time of inflation, the method of pricing of material issue which leads to a lower material cost for a job is

Q. During the time of inflation, the method of pricing of material issue which leads to a lower material cost for a job is:

A.            FIFO

B.            LIFO

C.            HIFO

D.            Standard Pricing Method

Answer: FIFO

Take Mock Tests

Government Schemes Mock Test Start Test!
Political Science Mock Test – 42 Start Test
History Test – 190 Start Test
Quantitative Aptitude Test Start Test!
Data Interpretation - Mock Test Start Test!
General Awareness - Mock Test Start Test!
Reasoning Ability - Mock Test Start Test!

We will be happy to hear your thoughts

Leave a reply

Gkseries.com
Logo
Register New Account