|
FIFO, First in, first out ((See Chapter 7 of the Vernimmen))
FIFO is one of the inventories valuation methods, which values inventory withdrawals at the cost of the item that has been held in inventory for the longest.
|
|
|
|
You get more than just a glossary
on www.vernimmen.com:
- A monthly newsletter with over 60,000
subscribers
- 610,000 financial data for over 16,000
groups
- A 279-question quiz with answers
- A text book that has
sold 130,000 copies
- And all the rest |