FIFA
FIFO is a method where material values are assessed at the prices of the first purchases. Consumable material values are evaluated at the price of the earliest purchase in chronological order, then the second, third, etc., until their full write-off to expenses
Source: "Industry-specific features of the composition of costs included in the cost of production for enterprises of the forestry industry complex" (approved by the Ministry of Economic Development of Russia on October 19, 1994) (with amendments from December 26, 2002) (together with "Methodological Recommendations (Instruction) on planning, accounting and cost calculation of production costs for the forestry industry complex", approved by the Ministry of Economic Development of Russia on July 16, 1999)
Морфология
Род
Понятие «фифо» рода.
Склонение и число
| Падеж | Единственное число | Множественное число |
|---|---|---|
| Р | фифо | фифо |
| Д | фифо | фифо |
| В | фифо | фифо |
| Т | фифо | фифо |
| П | фифо | фифо |