Repealing the LIFO Inventory Accounting Choice? A Review of LIFO and Inventory Management
نویسندگان
چکیده
منابع مشابه
A Note on Estimating the Economic Impact of the LIFO Method of Inventory Valuation
During times of inflation, the use of the last-in, first-out (LIFO) method of inventory valuation has the effect of lowering the reported earnings by excluding inventory holding gains from this number. Current income tax payments due on the reduced earnings are also lower. Taxes payable on inventory holding gains, therefore, are postponed until some future period when the inventory is liquidate...
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FIFO, First-In-First-Out. and LIFO, Last-In-FirstOut, are well-known techniques for handling sequences. In TJ$ macro writing they are abundant but are not easily recognized as such. TJ$ templates for FIFO and LIFO are given and their use illustrated. The relation with Knuth's \dolist, answer ex11.5, and \ctest. p.376, is given.
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ژورنال
عنوان ژورنال: American Journal of Operations Research
سال: 2014
ISSN: 2160-8830,2160-8849
DOI: 10.4236/ajor.2014.46034