Difference between revisions of "Last In First Out"

From Open Risk Manual
(Initial Entry)
 
(No difference)

Latest revision as of 22:55, 13 November 2023

Definition

Last In First Out. Method of valuing inventories that assumes that the most recent addition to inventories is sold first.[1]

References

  1. ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
Retrieved from "https://www.openriskmanual.org/wiki/index.php?title=Last_In_First_Out&oldid=37190"
  • Creative Commons Attribution-NonCommercial-ShareAlike
  • Powered by MediaWiki
  • Powered by Semantic MediaWiki