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-   -   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

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