Assertion: lifo reserve | /r/HasProperty | the difference
Facets:
value: between the cost of inventory
type: OTHER
value: between
type: OTHER
Source sentences:
text: LIFO reserve is the difference between what the company’s ending inventory would have been under FIFO accounting and its corresponding value under LIFO accounting.
text: LIFO reserve is the difference between the cost of inventory computed using the FIFO Method and the LIFO Method.