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 Rolls-Royce North America's largest U.S. manufacturing facility is located in what city?
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 Why did Wal-Mart take the hyphn out of thier name?
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 I bought this thing on eBay but don't want it any more how can I get a refund or at least cancel the item?
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 Ebay information?
does ebay have any obligation to secure the delivery of items purchased through a seller?...


 What is the name for the person whos at top of a corporation?
Like a person that owns the corporation.
I know Board of Directors, and Directors, but is there anythin else?...


 Is it time to boycott all products made in China?
It is getting to be ridiculous. Today it is Square Pants Sponge Bob address books!!! We should boycott all products made in China and force manufactures to return their manufacturing factories to ...


 People complain, rightfully so, about gas prices! what do you do with oil executives?
and gas station owners, who are gauging!! the public? and making huge profits while we suffer at pump?prices will never!! go down, as long as oil men know profits are to be made, and the public ...


 Are goldman sachs a jewish company?
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 What are your favorite chip companies?
for example, Lays, Dorritos, and etc....


 What exactly is the role of a Non Executive Director?
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 How do you quit a job on good terms when another company offer you employment but want you to start ASAP?
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 What are some companies that have at least 20+ stores (you know like target, HEB, etc.)?
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 Are company goals & objectives the same thing as a company's mission statement?
Are company goals & objectives the same thing as a company's mission statement?
I have to find a company's goals and list them but all I am finding is mission statements, overviews,...


 Is Microsoft the most successful business of all time?
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 Accounting Question?
A company's CEO and a leading Board member give themselves large off-balance sheet personal loans at company expense, and then write-off the loans before year's end so they aren't ...


 How do i get in touch with sir richard branson??? i have got a really great idea that's right up his street.
...


 UPS shipping and delivery?
I ordered 8 books off ebay and the seller gave me a tracking number to track the books. i checked and it said delivered to the area where i live, but i never received the books or a note on the door ...


 What is the difference between recession and depression?
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 Is ebay trustworthy?
I was to bif on some things from ebay but see i dont know if a. they will give me my product and b. i dont know if they will use my information to track me down or something! i want some of yalls ...


 Wal*Mart really that bad?
I have an interview tomorrow for a cashier at WalMart. Just alittle knock around job just until a warehouse in my area is ready to open where I will be working. My question, Is Wal*Mart really that ...



shortcake302
What does FIFO stand for?
this is a trivia question
                     
 




deebee
Rating
"First in first out" as pointed by others. Since you have asked this questions under the "Corporations" heading, let me try to answer it from an accounting perspective.

FIFO is one of the methods of valuing inventory held by a company. The other one is LIFO - "last in first out". FIFO method assumes that the first unit making its way into inventory is the first sold. Both FIFO and LIFO have their own advantages and disadvantages. Check the investopedia link for more info.


none7
Rating
Depends in what field:

****** FIFO First In, First Out
**** 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)


Faz
First in first out

Like if you sell something the records will assume that the cost price of what you selling is th eprice of the earliest bought stock on hand.

eg: buy 200 units 5/02 for 1dollar each

sell100 units 6/02 Cost price 100 dollars

Buy 50 units 17/02 for 2 dollars each

sell 120 units 20/02 cost price= 20(2)+100(1)
=140
buy 10 units for 3 dollars each

sell 40 units cost price =10(3)+30(2)=90


Allie
First
In
First
Out


sweetie
FIFO - First In First Out
may be


tummykitten1962
Rating
First In, First Out


augy30
first in first out ,,,,,


Meow
FIFO stands for First In First Out, as in a queue. the person who comes first is served first. it is used in computers for choosing the right data structure.


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