Two common ways for companies to account for inventory are first-in/first-out, or FIFO, and last-in/last-out, or LIFO. In FIFO, the first units that arrive in the business are the first sold. In LIFO, ...
Better Homes & Gardens on MSN
What Is the FIFO Organizing Method? Here's How to Use It
This no-brainer technique will help you stay organized and save money. Learn how to use it in your everyday life with these tips.
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