FIFO$28181$ - translation to English
Diclib.com
ChatGPT AI Dictionary
Enter a word or phrase in any language 👆
Language:

Translation and analysis of words by ChatGPT artificial intelligence

On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:

  • how the word is used
  • frequency of use
  • it is used more often in oral or written speech
  • word translation options
  • usage examples (several phrases with translation)
  • etymology

FIFO$28181$ - translation to English

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

FIFO      
FIFO, entra primero sale primero (sistema de recuento de mercaderías)
first in first out         
WIKIMEDIA DISAMBIGUATION PAGE
First in, first out; First in first out; FIFO (disambiguation); Fifo
el que entra primero sale primero (quién entra antes que los demás termina antes de los demás; método de cálculo de un producto)

Definition

FIFO
First In First Out (Reference: CPU)

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}}}