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LIFO in Management Meaning

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

LIFO on Management 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 Management?

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

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

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

Citation

LIFO in Management. Acronym24.com. (2022, April 3). Retrieved April 18, 2024 from https://acronym24.com/lifo-meaning-in-management/

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