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keep a tight eye on inventories to ensure that there are enough units offered for sale and that stock does not become outdated.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So, Outdated is correct answer.
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