Home >  Term: First In, First Out (FIFO)
First In, First Out (FIFO)

An accounting method for valuing the cost of goods sold that uses the cost of the oldest item in inventory first.

0 0

Penulis

  • Jessehe
  •  (V.I.P) 32013 poin
  • 40.13% positive feedback
© 2024 CSOFT International, Ltd.