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.
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 ...