What is the FIFO method - deployed to compute capital gains tax on the sale of mutual funds?

FIFO indicates first in first out which means the mutual fund units bought first are sold first. Based on this phenomenon, ...
Houston Chronicle

How do I Change From LIFO to FIFO?

There are two methods of accounting for inventory that affect a business's reported profits and taxable revenues: FIFO and LIFO. FIFO, first-in first-out, keeps the first inventory stocked on the ...