Generally which method companies follow in stores? Like (FIFO,LIFO,Simple AVG,W

Categories >> Accounting >> Accounting AllOther
Suggest New Category

Generally which method companies follow in stores? Like
(FIFO,LIFO,Simple AVG,Weight AVG...)

Question Posted / vijayranga

5 Answers
10892 Views
Capital IQ, HP, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

Generally which method companies follow in stores? Like (FIFO,LIFO,Simple AVG,Weight AVG...)..

Answer / shiva krishna g

FIFO Method

Is This Answer Correct ?

15 Yes

1 No

Generally which method companies follow in stores? Like (FIFO,LIFO,Simple AVG,Weight AVG...)..

Answer / sekhar reddy

FIFO method is better then to all methods.and it is very
easy to calculations

Is This Answer Correct ?

6 Yes

0 No

Generally which method companies follow in stores? Like (FIFO,LIFO,Simple AVG,Weight AVG...)..

Answer / vijay

fifo is The Good Way To handling materials.This Method is
Also Use To Handle Materials With Good Quality .

Is This Answer Correct ?

3 Yes

0 No

Generally which method companies follow in stores? Like (FIFO,LIFO,Simple AVG,Weight AVG...)..

Answer / sreedhar

Most of the companies are following FIFO method and very
few companies only are following LIFO. It is nothing but
the interest of company and its policies.

Is This Answer Correct ?

1 Yes

1 No

Generally which method companies follow in stores? Like (FIFO,LIFO,Simple AVG,Weight AVG...)..

Answer / raghavendra

fifo and lifo

Is This Answer Correct ?

1 Yes

2 No

Post New Answer

More Accounting AllOther Interview Questions

How to decide the number of voucher files to be maintained ? What are the possible voucher files?

1 Answers

MAY I PREPARE TAX INVOICE FROM MFG UNIT TO RETAILER DIRECTLY?

0 Answers

basic concepts relating to final acount

1 Answers

what is amortization

3 Answers

In a private limited company,if owner/shareholder withdraws different amounts from company account, then where should be that amount be accounted for/in which head of account that amount should be placed????

1 Answers

what are valuation accounts?

0 Answers NIIT,

sorry this is my personal. But i want to be share because i am confusing stage. This is not related any interview question first in my schooling i studied telugu mideam. After my B.com i joined CA but i didn't pass but i vasted 4yrs. After i did MBA still i am not fluentcy in english i learned 30% english if i will go interviews or not ?

2 Answers

WHAT IS THE DIFFERENCE BETWEEN RESERVE CAPITAL AND CAPITAL RESERVE?

3 Answers Capital IQ,

balance sheet means what?i hav to make 1 software in tat i hav to convert accounts data to tally balance sheet format?

1 Answers

what is the entry for accounts receivables and accounts payables? what is the entry for bills receivables and bills payables?

7 Answers Genpact, The Hindu,

agar humne c-form ke against sales ki hai . After 6-month party hamhe goods retun karti hai sath hi wo hamshe sales return amount ka c-form magti hai to kya hum c-form issue kar sakhte hai ya nahi.please give me correct suggestion.

1 Answers

Expand M A F F

2 Answers

For more Accounting AllOther Interview Questions Click Here