Type and usage of inventory accounting from BoostVocab

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inventory accounting

Synonyms of inventory accounting Antonyms of inventory accounting Examples of inventory accounting Usage of inventory accounting Parts of inventory accounting Definition that contains inventory accounting Words sounding like inventory accounting Explanation of inventory accounting

Definition that contains inventory accounting

last in first out inventory accounting in which the most recently acquired items are assumed to be the first sold
fifo inventory accounting in which the oldest items (those first acquired) are assumed to be the first sold
first in first out inventory accounting in which the oldest items (those first acquired) are assumed to be the first sold
lifo inventory accounting in which the most recently acquired items are assumed to be the first sold