Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Finance & Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=411)
-   -   Fifo Or Lifo Costing Method (https://www.askmehelpdesk.com/showthread.php?t=23984)

  • Apr 4, 2006, 11:34 AM
    rainbom
    Fifo Or Lifo Costing Method
    Which One Of These Costing Methods Overstates Inventory Turnover In A Period Of Inflation? Lifo Or Fifo. And Which One Matches Actual Physical Flow Of Goods. Lifo Or Fifo.
  • Apr 5, 2006, 11:33 AM
    CaptainForest
    Quote:
    Originally Posted by rainbom
    Which One Of These Costing Methods Overstates Inventory Turnover In A Period Of Inflation? Lifo Or Fifo.
    FIFO


    Quote:
    Originally Posted by rainbom
    And Which One Matches Actual Physical Flow Of Goods. Lifo Or Fifo.
    LIFO

    • All times are GMT -7. The time now is 04:15 PM.