NABTEB Commerce 2022 Objective — Question 9
Question 9 of 50 from the National Business and Technical Examinations Board (NABTEB) Commerce 2022 Objective paper, with the correct answer and a full explanation.
Advertisement
Average stock is derived by adding
- A. Closing stock to purchases divided by 2
- B. Closing stock to opening stock
- C. Opening stock to closing stock divided by 2Correct
- D. Opening stock to purchases
Explanation
Average stock = (Opening stock + Closing stock) / 2.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.