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LIFO DOLLAR-VALUE METHOD [1 record]

Record 1 1996-11-20

English

Subject field(s)
  • Cost Accounting
  • Inventory and Material Management
DEF

A form of LIFO inventory accounting with inventory quantities (layers) measured in dollar, rather than physical terms. Adjustments to account for changing prices are made by use of a specific price index appropriate for the kind of items in the inventory.

OBS

LIFO: last in - first out.

Key term(s)
  • dollar-value last in-first out method
  • dollar value last in-first out method
  • last in-first out dollar-value method
  • dollar-value last in-first out

French

Domaine(s)
  • Comptabilité analytique
  • Gestion des stocks et du matériel
DEF

Méthode du dernier entré, premier sorti qui consiste à évaluer l'ensemble des articles stockés en utilisant des indices de prix qui permettent d'éliminer du coût des stocks les profits ou les pertes attribuables à la baisse ou à la hausse du prix des articles en cause.

OBS

DEPS : dernier entré, premier sorti.

Key term(s)
  • méthode dernier entré, premier sorti avec indexation

Spanish

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