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LIFO in IT Terminology Meaning

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

LIFO on IT Terminology 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 IT Terminology?

    LIFO stands for Last In, First Out in IT Terminology terms.

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

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

Citation

LIFO in IT Terminology. Acronym24.com. (2022, April 3). Retrieved April 18, 2024 from https://acronym24.com/lifo-meaning-in-it-terminology/

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