Which statement best describes FIFO in a warehouse?

Which statement best describes FIFO in a warehouse?

• A. Last-In, First-Out; oldest stock is issued first.
• B. First-In, Last-Out; oldest stock is issued first.
• C. Last-In, First-Out; newest stock is issued first.
• D. First-In, First-Out; oldest stock is issued first to prevent expiration and obsolescence.

Answer: (D)