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LIFO in General Meaning

The LIFO meaning in General terms is "Last In, First Out". There are 1 related meanings of the LIFO General abbreviation.

LIFO on General Full Forms

  1. Last In, First Out A method of determining the cost of inventory used in a product. In this method, the costs of material are transferred to the product in reverse chronological order. LIFO is used to describe the movement of goods.

Frequently Asked Questions (FAQ)

  1. What does LIFO stand for General?

    LIFO stands for Last In, First Out in General terms.

  2. What is the shortened form of Last In, First Out in General?

    The short form of "Last In, First Out" is LIFO for General.

Citation

LIFO in General. Acronym24.com. (2022, April 3). Retrieved April 25, 2024 from https://acronym24.com/lifo-meaning-in-general/

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