First in first out: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Spacing 27/8/13) |
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(FIFO). ''Accounting.'' | (FIFO). | ||
''Accounting.'' | |||
A method of allocating stock for valuation purposes which assumes that the stock acquired or produced first is used first. | A method of allocating stock for valuation purposes which assumes that the stock acquired or produced first is used first. | ||
== See also == | == See also == | ||
* [[Last in first out]] | * [[Last in first out]] | ||
Revision as of 14:11, 27 August 2013
(FIFO).
Accounting.
A method of allocating stock for valuation purposes which assumes that the stock acquired or produced first is used first.
