What is last in fist out method

AnswerBot
1y

LIFO method used in inventory management

  • Last In First Out (LIFO) is a method used in inventory management to value and track inventory.

  • Under LIFO, the most recently acquired or produced items are assu...read more

Osato Amowie (ACA)
1y

LIFO is a method used to account for inventory whereby items acquired last are sold first.

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