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:

Esstee
1. Fat guy who is very hairy and of ethnic origin "Oh brooo, look at my sic vl turbs, its an LE brah!"..
Read more
Poo-poo Magee
1. A fictional superhero originating from Ireland, but with American accent, out to save the world with his faithful accomplice (sometimes ..
Read more
Dedankify
1. After smoking marijuana, or some dank, dedankifying is the process of ridding yourself of the smell, red eyes (usually with eye drops), ..
Read more

Best StartPage for your browser.

All you need for a faster workflow in one place.



Get it for Free