fifo

incontável · nome próprio

An acronym used in inventory accounting and data processing, referring to a method where the oldest items or data are assumed to be processed or sold first.

• 🇵🇹Sigla de First In, First Out, método usado na contabilidade de estoques e no processamento de dados em que os itens ou dados mais antigos são os primeiros a serem processados, vendidos ou removidos.

1. Inventory accounting method B2 formal business

   An accounting method where the oldest inventory items (those first acquired) are assumed to be sold first.

   • The company uses FIFO to value its stock.
   • Under FIFO, the cost of goods sold reflects older, cheaper inventory.
   • FIFO can result in higher profits during periods of inflation.

   🇵🇹Método de contabilização de estoques

   Antônimos: lifo

• fifos plural form
• fifos' possessive plural form
• fifo's possessive singular form