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How to use LIFO in a sentence

Looking for sentences and phrases with the word LIFO? Here are some examples.

Sentence Examples
The offshore fleet identifies that each Minister has reaffirmed that access is temporary and that the LIFO policy will be followed.
It would be too great a percentage loss to Nunavut interests if LIFO was to be applied in that area.
Multiple warehousing locations in accordance with FIFO, LIFO, and average cost methods.
The reader can then hit a key and switch from historical cost to fair value, from FIFO to LIFO, and so on.
No restriction to loading speed thanks to new free-wheeling LIFO speed controller.
Because we use FIFO, a portion of the lower cost second quarter feedstock purchases are included in the value of inventory and have not yet flowed through the income statement as they would have under the LIFO methodology.
The above graphic shows that if you carry out LIFO valuation when prices are increasing, this leads to a lower value than if you valuate stocks using the moving average price.
Other metals which are not covered by this system are valued according to the annual LIFO method, allowing for the specific nature of the activities in question and the problems posed by stock-taking.
The value of raw materials, work in progress, finished products, goods for resale and packaging material inventories is determinated by the LIFO method or by the weighted-average-cost method.
Congress could be asked to change the tax law, but it is also possible that the S. E. C. would simply adopt I. F. R. S. with a provision allowing the use of LIFO accounting.
The Chair stated that in 2007, the Minister reaffirmed that LIFO would apply even though he provided long-term licences to the temporary allocations.
It should be remembered that since 1992 the Group has valued its metal inventories on an annual LIFO basis in view of the nature of its activities and the problems entailed by stocktaking.
The IRS recently issued revised final regulations for published price indexes under the dollar-value LIFO inventory method, effective for tax years ending on or after Dec.
Examples from Classical Literature
Relying on the published indices also greatly simplifies companies' future LIFO compliance efforts.
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