The difference between the current replacement cost of a company's inventory and the LIFO cost shown in the accounting records.

后进先出准备是一个公司存货的当期重置成本与会计账簿中按后进先出法显示的存货成本之间的差异。

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The LIFO method will cause the reporting of relatively large gross profit as compared with FIFO, which will hold reported gross profit to minimum.

后进先出法与先进先出法相比，前者将导致报告的毛利相对较大，后者将导致报告的毛利最小。

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In this case the row returned to RPG is dependent on which of the duplicate key handling DDS keywords (LIFO (default), FIFO or LCFO) were used when creating the keyed logical file.

在这种情况下，返回R PG的行取决于创建键逻辑文件时使用的是哪个用于处理DDS关键字的重复键(LIFO(默认值)、FIFO或LCFO)。

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My biggest concern is the proposal to eliminate the LIFO method for inventory accounting.

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The LIFO method is one of the few things that keeps companies, which would like to run on zero working capital, from totally moving to just in time inventories.

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Without going into all the accounting intricacies, LIFO understates inventory value, overstates the cost of sales, and therefore lowers reported earnings.

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