In the Management of Inventory, What Does the Acronym FIFO

question 7

Multiple Choice

In the management of inventory, what does the acronym FIFO stand for?

• A) Fast in, fast out
• B) First in, first out
• C) Fresh in, fresh out
• D) Freeze in, freeze out

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Definitions:

Static Variable

A variable that is shared by all instances of a class in object-oriented programming, and exists independently of any object instances.

SalesTax

A specific percentage added to the price of goods and services that is paid to governing authorities, often used in programming scenarios for financial applications.

Wrapper Classes

Classes in Java that provide a way to use primitive data types (int, char, etc.) as objects.

Boolean

A data type that can only hold the values true or false.