managers typically monitor inventory very closely to ensure that sufficient units are available for sale and to prevent inventory from becoming:

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01-10-2021
Business

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managers typically monitor inventory very closely to ensure that sufficient units are available for sale and to prevent inventory from becoming:

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PiaDeveau PiaDeveau · Answer 1 · 2021-10-05T01:34:57-04:00

Managers generally keep a tight eye on inventories to ensure that there are enough units offered for sale and that stock does not become outdated.

First in, first out (FIFO) provides a more realistic outcomes. Its because computing profit from stock is simpler, making it easier to update company financial accounts while also keeping costs down.

It also implies that old stock isn't re-counted or kept useless for lengthy periods of time.

So, Outdated is correct answer.

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