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LIFO in Information Technology Meaning

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

LIFO on Information Technology 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 Information Technology?

    LIFO stands for Last In, First Out in Information Technology terms.

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

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

Citation

LIFO in Information Technology. Acronym24.com. (2022, April 3). Retrieved April 24, 2024 from https://acronym24.com/lifo-meaning-in-information-technology/

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