first in first out

Submitted by György Chityil ... on Fri, 01/19/2018 - 18:05

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Description:

{{accounting}} A method of inventory accounting that values items withdrawn from inventory at the cost of the oldest item assumed to remain in inventory.

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first in first out

Ngram Text:

first in first out

Source:

Wiktionary

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Wiktionary tag:

accounting

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Wikokit WikiText ID:

633695