term lifo help what is
Meaning of LIFO. What is it: valuation procedure. LIFO stands for last in, first out definition.

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Definition LIFO

LIFO title: LIFO (MM) (SAP Library - Glossary)
LIFO category: Materials Management (MM)
LIFO explained:

An approach used in the LIFO withdrawal method and the LIFO valuation procedure. LIFO stands for "last in, first out".

More terms such as LIFO in Dictionary L.

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