Home > Answers > WhatisLIFO twa1354457226

What is LIFO?

Answers (1)

SkorS

The full version is Last In, First Out. Method of accounting which sets the cost of goods sold for the most recent purchases. By so, if prices generally, LIFO lead to lower accounting profitability.

16:59, 13 November 2013

Hozzászólás közzétételéhez be kell jelentkeznie.

Kapcsolódó kifejezések

municipal bond risk factors
Financial services; Personal investment management

Municipal bonds, being investments into local governments, ...

Interest Rate Swap
Financial services; Financial instruments

An agreement between two parties where one stream of future ...

inflation and interest rates
Financial services; Stocks & securities

One of the most common factors to influence the ...

Korean Won
Financial services; World currencies

South Korea has become a manufacturing powerhouse. The ...

Euro
Financial services; World currencies

Single currency for member countries of the European Union ...

currency unification
Financial services; Currency exchange

In a place where several existing currencies have been ...

Szerzőb

Featured blossaries

British food

Kategória: Food   1 1 Terms

Christianity

Kategória: Religion   1 13 Terms

Famous Weapons

Kategória: Objects   1 20 Terms

Panerai Watch

Kategória: Objects   1 3 Terms

Selena Fashion

Kategória: Fashion   2 6 Terms

越野车

Kategória: Arts   1 4 Terms

TermWiki is ranked top innovative application by IDC.

© 2024 CSOFT International, Ltd.   

Kövessen minket: