LIFO

[LIFO]

Inventory accounting in which the most recently acquired items are assumed to be the first sold

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Noun
inventory accounting in which the most recently acquired items are assumed to be the first sold

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Usage Examples
Misspelled Form

LIFO, LIFO, IFO, LIFO, LIFO, LFO, LIFO, LIFO, LIO, LIFO, LIFO, LIF, LIFO.

inventory accounting which recently acquired items assumed first sold

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