LIFO$44594$ - translation to dutch
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LIFO$44594$ - translation to dutch

METHOD IN MANAGING INVENTORY AND FINANCIAL MATTERS
LIFO accounting; Fifo and lifo accounting; FIFO & LIFO accounting; First-in-first-out; FIFO (accounting); LIFO (accounting)

LIFO      
n. laatste in eerste uit
first in last out         
WIKIMEDIA DISAMBIGUATION PAGE
Last-in, first-out; FILO; Lifo; LiFo; LI-FO; LI FO; Li-Fo; Li Fo; Li fo; Li-fo; Last In First Out; First in last out; LIFO order; Last in, first out; Last-in first-out; LIFO (disambiguation); Last in first out; Last-in-first-out
als eerste aankomen als laatste weggaan
last in first out         
WIKIMEDIA DISAMBIGUATION PAGE
Last-in, first-out; FILO; Lifo; LiFo; LI-FO; LI FO; Li-Fo; Li Fo; Li fo; Li-fo; Last In First Out; First in last out; LIFO order; Last in, first out; Last-in first-out; LIFO (disambiguation); Last in first out; Last-in-first-out
komt als laatste en vertrekt als eerste

Definition

LIFO

Wikipedia

FIFO and LIFO accounting

FIFO and LIFO accounting are methods used in managing inventory and financial matters involving the amount of money a company has to have tied up within inventory of produced goods, raw materials, parts, components, or feedstocks. They are used to manage assumptions of costs related to inventory, stock repurchases (if purchased at different prices), and various other accounting purposes. The following equation is useful when determining inventory costing methods:

Beginning Inventory Balance + Purchased (or Manufactured) Inventory = {\displaystyle {\text{Beginning Inventory Balance}}+{\text{Purchased (or Manufactured) Inventory}}=}
Inventory Sold + Ending Inventory Balance {\displaystyle {\text{Inventory Sold}}+{\text{Ending Inventory Balance}}}