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An abbreviation for first-in, first-out, a method employed in accounting for the identification and valuation of the inventory of a business.

FIFO assumes that the first goods purchased are the first sold. As a consequence, the items that remain in the inventory at the end of the year are assumed to be those purchased last.



West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.
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The experimental results above show that the use of Linux PFQ kernel module can capture packets with a high speed and has robust systematic extensibility.
In the figure, EF is parallel to AB and they observed that triangles AQP and PFQ are similar.
The assertion that shame is often expressed as an "I feel ..." statement and as a negative characterization of one's entire self is also supported by the way shame is operationalized on two popular measures of shame--the Personal Feelings Questionnaire (PFQ) shame scale (Harder & Lewis, 1986) and the shame proneness scale of the Test of Self-Conscious Affect (TOSCA; Tangney et al., 1992).