inventory accounting vs FIFO

inventory accounting and FIFO both are nouns.

Word	Noun	Adjective	Verb	Adverb
inventory accounting	Yes	No	No	No
FIFO	Yes	No	No	No

As nouns, FIFO is a hyponym of inventory accounting; that is, FIFO is a word with a more specific, narrower meaning than inventory accounting:

inventory accounting: accounting that controls and evaluates inventory
FIFO: inventory accounting in which the oldest items (those first acquired) are assumed to be the first sold

Other hyponyms of inventory accounting include first in first out, last in first out, LIFO.

inventory accounting (noun)	FIFO (noun)
accounting that controls and evaluates inventory	inventory accounting in which the oldest items (those first acquired) are assumed to be the first sold

inventory accounting vs FIFO

inventory accounting and FIFO both are nouns.

Words related to "inventory accounting"

Words related to "FIFO"