See next-in, first-out cost flow assumption (NIFO).
See next-in, first-out cost flow assumption (NIFO).
What is NIFO? Author: Harold Averkamp, CPA, MBA NIFO is the acronym for next-in, first-out. NIFO is a cost flow assumption, just as FIFO and LIFO are cost flow assumptions. However, NIFO is not acceptable for financial...
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