RUBLE (ROUBLE, RUBLEI) Definition

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RUBLE (ROUBLE, RUBLEI) is a currency of Russia, Tajikistan, Tatarstan, and Transnistria.

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LIFO LIQUIDATION is a reduction in the reported value of inventory below levels established in prior years under the LIFO method; arises when purchases for the period are not sufficient to offset the sale of inventory in the period.

NIFO is Next-In, First-Out.

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