Identify and discuss the differences between FIFO and LIFO as inventory methods.

Your initial post must be at least 250 to 300 words in length and must be submitted by the Thursday deadline for the initial post. Respond to the post of at least two of your classmates by Sunday of the week. Additionally, expand on your classmate's posting by providing constructive feedback. Offer and support your opinion with peer-reviewed sources or industry-leading practices. In other words, use citations to support your work and provide a reference list.