What does FIFO mean?
A)Finished stock In Finished stock out
B)Fabrications Inward Fabrications Outward
C)Final Input Final Output
D)First In First Out

Name: What does FIFO mean? A)Finished stock In Finished stock out B)Fabrications Inward Fabrications Outward C)Final Input Final Output D)First In First Out
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Question

Quizplus · Accepted Answer

FIFO stands for "First In, First Out," which is an inventory management method where the first items placed in inventory are the first ones sold or used.

What Does FIFO Mean