FIFO stands for first-in, first-out, meaning that the oldest inventory items are recorded as sold first but do not necessarily mean that the exact oldest physical object has been tracked and sold.In other words, the cost associated with the inventory that was purchased first is the cost expensed first.IFO and LIFO accounting. From Wikipedia, the free encyclopedia. FIFO and LIFO methods are accounting techniques used in managing inventory and financial matters involving the amount of money a company has tied up within inventory of produced goods, raw materials, parts, components, or feed stocks.
El Greco's adopted Spanish hometown, Toledo, has held several exhibitions of his work this year. His works have been transported from museums all over the world, coming together in Toledo en masse for the first time since the artist's death.
Rey Mysterio, Actor: Lucha Underground. Was a professional wrestler for WCW although he made his wrestling debut in Mexico. Dropped out of school to become pro wrestler in Mexico but there were points during his career where he'd do homework in the lockerroom. Debuted as a wrestler and won his debut match. Nephew of wrestler Rey Misterio.