Economy, asked by krishnapandey2132002, 3 months ago

which method assumes that the latest item are in stock?​

Answers

Answered by raginikumari75953
2

Answer:

The Last-In, First-Out (LIFO) method assumes that the last unit to arrive in inventory or more recent is sold first. The First-In, First-Out (FIFO) method assumes that the oldest unit of inventory is the sold first.

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