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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...

? What is synergy? What is opportunity cost? What is NIFO? What is benchmarking? What is an independent variable? What is the reorder point? In least squares regression, what do y and a represent? Should a...

's inventory? What is obsolete inventory? What is the cost of goods available? What are byproducts? Is the sales tax paid on merchandise that you will resell an expense? Where is a manufacturer's inventory...

on January 1, should the payment be accrued at December 31? Is the sales tax paid on merchandise that you will resell an expense? What causes a corporation's market value to be greater than its book value? What is...

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Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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