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All of the following are kinds of inventory except 1- raw material inventory 2 finished product inventory 3- work in process inventory 4- FIFO

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Question added by Ahmed kandil , Cost Controller , Battour Holding Cpompany
Date Posted: 2015/02/27
VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

4- FIFO   >>>>>>>>>>>>  is a method of issuing inventory.

Atasang Kingsley Ateno
by Atasang Kingsley Ateno , Financial Manager , Qatar Golf International

I will go for option4) FIFO. FIFO which means First In First Out is consider to be one of the inventory measurement techniques. 

Sara Naeem
by Sara Naeem , Trainee Finance officer , Wah Brass Mill

option4) FIFO.....is the  answer...Thank you.

Osama Mohamed, CMA Holder, CFA I Candidate
by Osama Mohamed, CMA Holder, CFA I Candidate , Chief Accountant , Arabian Co. For Oils & Derivatives

the right answer is no.04 FIFO because this is inventory measurement technique along with LIFO and Weighted Average method.

Muhammad Imran
by Muhammad Imran , Head of Accounts & Company Secretary , Fauji Infraavest Foods Limited

4. FIFO is only a method of inventory valuation and not itself an inventory.

ahmed amin
by ahmed amin , Audit supervisor , KPMG

FiFO is the correct answer.

imran Noor -
by imran Noor - , Audit Officer , Auditor General of Pakistan

The correct option is >>>>>>>>>>(D)

FIFO is the inventory valuation method

FITAH MOHAMED
by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

4- ....>>>>>>>>>>>>>>>>FIFO

Khurram Shaukat Memon
by Khurram Shaukat Memon , Academic Research Writer , Freelance Academic Research Writer

Option4 is correct answer to this question.

aziz urrehman
by aziz urrehman , key account executive , alkhair group of companies foam manufacturing

b is the answer4 the question.

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