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FIFO in Finance Meaning

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

FIFO on Finance 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 Finance?

    FIFO stands for First In, First Out in Finance terms.

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

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

Citation

FIFO in Finance. Acronym24.com. (2021, December 14). Retrieved November 23, 2024 from https://acronym24.com/fifo-meaning-in-finance/

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