Ask Experts Questions for FREE Help!
 

Free Answers in 3 Easy Steps

Register Now
3 Steps
 


Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Accounting    Ask about another Subject  
 

kpauole
Jan 21, 2008, 01:28 PM
what are the advantages and disadvantages using fifo and lifo as inventory valuation methods?

Stratmando
Jan 21, 2008, 01:44 PM
fifo stock keeps rotated, takes more time.
lilo old stock may get real old, saves time,money. Quality is lost.