22/07/2023 4:02 am
Topic starter
Notifications
Clear all
Students’s Forum
1
Posts
2
Users
0
Likes
341
Views
0
FIFO VS LIFO ?
1 Answer
0
22/07/2023 6:10 am
Knowing when to use FIFO vs LIFO
In terms of investing in accounting inventory, FIFO is usually a better method for inventory when prices are rising, and LIFO accounting is better when prices fall because more expensive products are sold first.
