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LIFO in Technical Meaning

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

LIFO on Technical 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 Technical?

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

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

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

Citation

LIFO in Technical. Acronym24.com. (2022, April 3). Retrieved November 22, 2024 from https://acronym24.com/lifo-meaning-in-technical/

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