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FIFO in Business Word Meaning

The FIFO meaning in Business Word terms is "First In, First Out". There are 1 related meanings of the FIFO Business Word abbreviation.

FIFO on Business Word Full Forms

  1. First In, First Out A method of determining the cost of inventory used in a product. In this method, the costs of materials are transferred to the product in chronological order. Also used to describe the movement of materials.

Frequently Asked Questions (FAQ)

  1. What does FIFO stand for Business Word?

    FIFO stands for First In, First Out in Business Word terms.

  2. What is the shortened form of First In, First Out in Business Word?

    The short form of "First In, First Out" is FIFO for Business Word.

Citation

FIFO in Business Word. Acronym24.com. (2021, December 14). Retrieved May 18, 2024 from https://acronym24.com/fifo-meaning-in-business-word/

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