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Inventory accounting in which the most recently acquired items are assumed to be the first sold
Answer for the clue "Inventory accounting in which the most recently acquired items are assumed to be the first sold ", 4 letters:
lifo
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Wikipedia
Word definitions in Wikipedia
LIFO , an acronym for "Last In First Out", may refer to: FIFO and LIFO accounting , in accounting In computing, a Stack (abstract data type) , also called a LIFO queue LIFO (education) a layoff policy LIFO may also refer to: LIFO (magazine) , a magazine ...