FIFO stands for first-in, first-out, meaning that the oldest inventory items are recorded as sold first but do not necessarily mean that the exact oldest physical object has been tracked and sold.In other words, the cost associated with the inventory that was purchased first is the cost expensed first.IFO and LIFO accounting. From Wikipedia, the free encyclopedia. FIFO and LIFO methods are accounting techniques used in managing inventory and financial matters involving the amount of money a company has tied up within inventory of produced goods, raw materials, parts, components, or feed stocks.
The painter had mixed fortunes in life, but his works are being celebrated this year in Crete and in Spain on the 400th anniversary of his death. El Greco was born Domenikos Theotokopoulos in Crete in 1541, and information about his early life is sketchy at best.
The Greco-Roman world, Greco-Roman culture, or the term Greco-Roman (/ Ë É¡ r É k oÊ Ë r oÊ m Én / or / Ë É¡ r É k É Ë r oÊ m Én /); spelled Graeco-Roman in the United Kingdom and the Commonwealth), when used as an adjective, as understood by modern scholars and writers, refers to those geographical regions and countries that culturally (and so historically) were directly, long-term, and intimately influenced by the language, culture, government and religion of the ancient Greeks ...