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{%type%} Definitions

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Short "hint"

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

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Usage examples (32)
  • A reduction in the physical inventory quantities of a LIFO inventory is called a LIFO liquidation.
  • You explain that the compiler makes some kind of LIFO allocations on the stack ... it certainly would not since this is inefficient.
  • LIFO accounting is suited to periods of inflation.
  • Forbes: Brings back things like FIFO, LIFO days again?
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