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:

Fanterrible
1. When something goes good, in yet still went bad. Her: So how was the party? Him: It was pretty much fanterrible, i enjoyed the food, b..
Read more
Politick
1. The process of trying to get with someone of the opposite sex through means of conversation and/or acts that have the intention of one d..
Read more
W.a.s.p.
1. white anglo saxon protestant 2. White Anglo-Saxon Protestant Descendants of colonial-era immigrants from the British Isles--especial..
Read more

Best StartPage for your browser.

All you need for a faster workflow in one place.



Get it for Free