• What is LIFO & FIFO?
- 3 Answers
- 5423 Views
- Mellon, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / rajesh
Lifo means Last in First Out
Fifo means First in First Out
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / hemanta behera
lifo-Last in first out
Exam-the stok who comes in last times in our company.the
stok send to first
fifo-first in first out
Exam-thes stok who comes in first times in our company.we
have relise the stok first
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / dipali
it is a accounting technique used for inventory management
and in other financial matters.
in which
LIFO means oldest inventory item is recorded as sold first.
FIFO means new inventory item recorded as sold first.
| Is This Answer Correct ? | 0 Yes | 0 No |
Assets are held in the Business for the purpose of____________________
Each transaction has two aspects which is called as -------- ----concept
The partners agreed to take hero honda vehicle of Rams as firms vehicle by giving credit to his capital account. The vehicle was valued for Rs 65000/-Pass necessary entry
what is commerce?
I am a non commerce graduate acting as office manager in a construction company. I am interesting to learn accountancy thru short cut methods and in a short duration. Can any body there to help me. I will be pleased to receive any sugessions and learning tips to my e-mail
how many type of assets
what are the type of cash flows?
What is the significance of the function y = a + bx?
what is tax?
51 Answers CRP, Genpact, Kotak, Xpitax, Zenta,
Explain about Fixed capital
what are fictious assets? give some examples?
39 Answers Capital IQ, Genpact,
what are the questions put-up on interview in the field of finance operations work ?
Audit 
