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| last in, first out inventory valuation method (An inventory valuation method in which inventory that is received most recently is considered sold or used first for accounting purposes); LIFO inventory valuation method (An inventory valuation method in which inventory that is received most recently is considered sold or used first for accounting purposes) | |||
| |||
| last in, first out; last in, first out method | |||
| last in first out | |||
