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LeoGlossary: FIFO

How to get a Hive Account


Also known as First In, First Out

This is an accounting method of valuation used by corporations and asset managers that ensures all assets are used or disposed of in the order they were acquired. The FIFO method is often utilized for tax minimization purposes, as it assumes all assets remaining in inventory match recently acquired assets.

General:

H2
H3
H4
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