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View Full Version : Fifo vs lifo


kpauole
Jan 21, 2008, 02:28 PM
What are the advantages and disadvantages using fifo and lifo as inventory valuation methods?

Stratmando
Jan 21, 2008, 02:44 PM
Fifo stock keeps rotated, takes more time.
Lilo old stock may get real old, saves time,money. Quality is lost.