What is FIFO and LIFO
AnswerBot
1y
FIFO (First-In, First-Out) and LIFO (Last-In, First-Out) are inventory management methods used to track the flow of goods.
FIFO: Oldest items are sold or used first.
LIFO: Newest items are sold or used ...read more
Subhash Das
2y
FIFO- First in first out
LIFO- Last in first out
Gopalakrishnan Gopal
4y
First in first out
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