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N. K. Gupta posted an Question
April 09, 2021 • 13:12 pm 30 points
  • UGC NET
  • Commerce

What is first in first out method (fifo)

what is first in first out method (FIFO) diffence between LIFO and FIFO

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  • Rucha rajesh shingvekar

    FIFO and LIFO accounting are methods used in managing inventory and financial matters involving the amount of money a company has within inventory of produced goods, raw materials, parts, components, or feedstocks. 

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