what is the difference beyween lifo and fifo
FIFO First in first out LIFO Last in last out
fifo
LIFO Reserve
FIFO (first in first out) is a method of account for inventory. With FIFO, if inventory costs are increasing your cost of goods sold will be lower than under the LIFO (last in first out) method. If inventory costs are increasing, FIFO will result in higher net income (lower COGS) than LIFO. If inventory costs are decreasing, FIFO will result in lower net income (higher COGS) than LIFO.
fifo
FIFO
what is the difference beyween lifo and fifo
FIFO First in first out LIFO Last in last out
FIFO motherfoocker
LIFO and stack are synonyms, so are FIFO and queue.
yes
fifo
A FIFO, or First In First Out is a queue.A stack is a LIFO or Last In First Out.
FIFO is "first in, first out", (used basically for rotating stock) but could also be applied to other aspects of cooking. LIFO would be "last in, first out".
No. It is a LIFO.(FIFO means first-in-first-out. LIFO means last-in-first-out. A FIFO is a queue, such as a group of people standing in line to buy theater tickets. A LIFO is a different sort of queue, such as a nested interrupt and/or subroutine call stack, where each entry preempts the prior entry.)
LIFO Reserve