| 释义 |
FIFO
FIFO F0112600 (fī′fō)n. See first-in, first-out.FIFO (ˈfaɪfəʊ) n acronym forfirst in, first out (as an accounting principle in costing stock). Compare LIFOFIFO (ˈfaɪ foʊ) first in, first out. Thesaurus| Noun | 1. | FIFO - inventory accounting in which the oldest items (those first acquired) are assumed to be the first soldfirst in first outinventory accounting - accounting that controls and evaluates inventory |
TranslationsFIFO
FIFOAn initialism for "first in, first out," referring to the accounting practice of treating inventory that has been purchased first as the first to be sold. I don't like to use FIFO when managing the business's finances—I use the last-in, first-out method instead.FIFO phr. first in, first out; the first items placed in the stack are the first items to be retrieved. (see also GIGO, LIFO.) Oh, I thought this thing was FIFO, and I put the stuff in the wrong order. FIFO
FIFO[′fī‚fō] (industrial engineering) first-in, first-out FIFO(First In First Out) A storage method that retrieves the item stored for the longest time. Also called "LILO" (Last In Last Out). Contrast with LIFO. See traffic engineering methods.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-references LIFO. FIFO
FIFOSee: First in, first outFirst In, First OutIn accounting, a technique for valuing inventory by treating inventory acquired first as if it were sold first. The sale of inventory is recorded against the purchase price of the oldest inventory, even if the physical goods are not the same. In times of high inflation, the first-in, first out technique increases a business' inflation risk. For this reason, most American firms have used the last-in, first-out technique in their accounting since the 1970s.FIFO See first-in, first-out.FIFO see STOCK VALUATION.First In, First Out (FIFO)An accounting method for determining the cost of inventories. Under this method, the first items purchased are treated as being the first items sold. Ending inventory is valued using the cost of later purchases, or the lower of cost or market.FIFO
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| FIFO➣First In, First Out | | FIFO➣Festival International du Film Documentaire Océanien (French: Oceania International Documentary Film Festival) | | FIFO➣First in First Out | | FIFO➣Festival International Folklorique d'Octodure (French: Octodure International Folk Festival; Switzerland) | | FIFO➣Festival International du Film Ornithologique (French: Ornithological International Film Festival) | | FIFO➣Fly in Fly Out (mining) | | FIFO➣Fade in Fade Out | | FIFO➣Free in Free Out (shipping) | | FIFO➣Field Inspection Field Office | | FIFO➣Flight Inspection Field Office(s) (FAA) |
FIFO
Synonyms for FIFOnoun inventory accounting in which the oldest items (those first acquired) are assumed to be the first soldSynonymsRelated Words |