Business

FIFO & LIFO


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This session introduces FIFO (First in, First out) and LIFO (Last In, First Out) inventory evaluations. Basic examples are examined to find out how these methods work, and the differences between two different methods.


The tutorial is presented by John Shon, Professor of Accountancy at Zicklin School of Business and produced by Baruch Computing & Technology Center (BCTC).
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