(Ticaret) (FIFO) A usage rule in accounting and other systems (job queues) that assumes the first or oldest item placed into inventory is also the first one used. In periods of rising prices, it has the effect of charging increases to the next or subsequent periods instead of the current period
(Ticaret) (LIFO) A usage rule and accounting and other systems that assumes the last item brought into inventory (or into a queue) will be the first one used. During periods of rising prices, it has the effect of charging increases to the current period instead of subsequent periods