inventory accounting

English Thesaurus

1. accounting that controls and evaluates inventory (noun.act)

hypernym	:	accountancy, accounting,
definition	:	the occupation of maintaining and auditing records and preparing financial reports for a business (noun.act)

hyponym	:	fifo, first in first out,
definition	:	inventory accounting in which the oldest items (those first acquired) are assumed to be the first sold (noun.act)

hyponym	:	last in first out, lifo,
definition	:	inventory accounting in which the most recently acquired items are assumed to be the first sold (noun.act)