Last-in, first-out (LIFO) method
Last-in, first-out (LIFO) method
Accounting glossary
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Accounting
Definition of last-in, first-out (lifo) method
Last-in, first-out (LIFO) method: Inventory costing method that assumes the costs of the latest units purchased are the first to be allocated to cost of goods sold
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Accounting glossary
Accounting glossary index of terms
Definition and meaning of last-in, first-out (lifo) method
Meaning of last-in, first-out (lifo) method
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