Avco

What is Avco?


1.

Stock control method. Whereas issues using fifo (first in, first out) and lifo(last in first out) base stock issue prices at the first/last issue, avco (weighted AVerage COst) takes the mean cost of stock and issues at that price.

We account for stock issues using avco.

See Kung-Fu Jesus


39

Random Words:

1. People that help schoolchildren cross the street around schools. Ed's retired, but he's a lollipop man in the mornings and wh..
1. Form of saying hello ( a combination of a chief and a yip) SICK ! Alrite YIEF. See Nadeem..
1. Much like the Oort Cloud, Oort Editing is when you take scraps of video or film from a shoot and edit it together. Most commonly used o..