Now we are looking on the crossword clue for: Baklava dough: Var.
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Possible Answers:
FILO.
Last seen on: Universal Crossword – Jan 4 2021
Random information on the term “FILO”:
FIFO and LIFO accounting are methods used in managing inventory and financial matters involving the amount of money a company has to have tied up within inventory of produced goods, raw materials, parts, components, or feedstocks. They are used to manage assumptions of costs related to inventory, stock repurchases (if purchased at different prices), and various other accounting purposes. The following equation is useful when determining inventory costing methods:Beginning Inventory Balance + Purchased (or Manufactured) Inventory=Inventory Sold + Ending Inventory Balance
“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. With FIFO, the cost of inventory reported on the balance sheet represents the cost of the inventory most recently purchased. FIFO most closely mimics the flow of inventory, as businesses are far more likely to sell the oldest inventory first.