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FIFO
FIFOAn abbreviation for first-in, first-out, a method employed in accounting for the identification and valuation of the inventory of a business. FIFO assumes that the first goods purchased are the first sold. As a consequence, the items that remain in the inventory at the end of the year are assumed to be those purchased last. cross-referencesLIFO. |
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"FIFO." West's Encyclopedia of American Law. 2005. Encyclopedia.com. 31 May. 2012 <http://www.encyclopedia.com>. "FIFO." West's Encyclopedia of American Law. 2005. Encyclopedia.com. (May 31, 2012). http://www.encyclopedia.com/doc/1G2-3437701819.html "FIFO." West's Encyclopedia of American Law. 2005. Retrieved May 31, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1G2-3437701819.html |
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FIFO
FIFO (or fifo) Acronym for first in first out. FIFO list is another name for queue.
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Cite this article
JOHN DAINTITH. "FIFO." A Dictionary of Computing. 2004. Encyclopedia.com. 31 May. 2012 <http://www.encyclopedia.com>. JOHN DAINTITH. "FIFO." A Dictionary of Computing. 2004. Encyclopedia.com. (May 31, 2012). http://www.encyclopedia.com/doc/1O11-FIFO.html JOHN DAINTITH. "FIFO." A Dictionary of Computing. 2004. Retrieved May 31, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O11-FIFO.html |
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FIFO
FIFO (or fifo) (ˈfiːfəʊ) Computing, Accounting first in first out
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Cite this article
FRAN ALEXANDER , PETER BLAIR , JOHN DAINTITH , ALICE GRANDISON , VALERIE ILLINGWORTH , ELIZABETH MARTIN , ANNE STIBBS , JUDY PEARSALL , and SARA TULLOCH. "FIFO." The Oxford Dictionary of Abbreviations. 1998. Encyclopedia.com. 31 May. 2012 <http://www.encyclopedia.com>. FRAN ALEXANDER , PETER BLAIR , JOHN DAINTITH , ALICE GRANDISON , VALERIE ILLINGWORTH , ELIZABETH MARTIN , ANNE STIBBS , JUDY PEARSALL , and SARA TULLOCH. "FIFO." The Oxford Dictionary of Abbreviations. 1998. Encyclopedia.com. (May 31, 2012). http://www.encyclopedia.com/doc/1O25-FIFO.html FRAN ALEXANDER , PETER BLAIR , JOHN DAINTITH , ALICE GRANDISON , VALERIE ILLINGWORTH , ELIZABETH MARTIN , ANNE STIBBS , JUDY PEARSALL , and SARA TULLOCH. "FIFO." The Oxford Dictionary of Abbreviations. 1998. Retrieved May 31, 2012 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O25-FIFO.html |
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