Answer Posted / syed shakir ali
This Two Types Of Method Using For Stock Valuation At Store
Means In Inventory System .
FIFO Stands For First in First Out.Which stock Added in
latest it will be issued as per this method.
LIFO Stands For Last In Fast Out Old STOCK Issues First as a
priority Both Methods Are Called Inventory Methods.
Is This Answer Correct ? | 8 Yes | 4 No |
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