First in first out: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Spacing 27/8/13) |
imported>Doug Williamson (Expand heading.) |
||
| Line 1: | Line 1: | ||
(FIFO). | (FIFO). | ||
''Accounting.'' | ''Accounting - inventory.'' | ||
A method of allocating | A method of allocating inventory for valuation purposes which assumes that the inventory acquired or produced first is used first. | ||
== See also == | == See also == | ||
* [[Inventory]] | |||
* [[Last in first out]] | * [[Last in first out]] | ||
* [[Stock]] | |||
* [[Weighted average cost]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:Liquidity_management]] | |||
Revision as of 07:56, 24 August 2019
(FIFO).
Accounting - inventory.
A method of allocating inventory for valuation purposes which assumes that the inventory acquired or produced first is used first.
