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.
El Greco's adopted Spanish hometown, Toledo, has held several exhibitions of his work this year. His works have been transported from museums all over the world, coming together in Toledo en masse for the first time since the artist's death.
1 The Prado (Madrid) : Spain's national museum, and one of the best in Europe. 2  Remarkable collection of European painting including iconic works by the Flemish artists Breughel the elder and Hieronymus Bosch as well as works by all major Spanish old masters. More of El Greco's paintings are in the El Greco museum and the church of Santo Tome, tomÃ© which houses the Celebrated burial of The count Of (orgaz photo top of-page). 2  Extract Picasso (Museum, Barcelona) .  catalunya