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:

Zlube
1. an unafilliated person who is politically motivaed against the state of Israel, usually not well informed of the situation, stereotypica..
Read more
Leftski
1. the act of taking a left,but a cooler way of saying it hey man hit that pipe and take a leftski at the intersection up here See left, ..
Read more
Delaware, Nj
1. a nice small town with one blinking light, lots of gas stations and farm land...but everyone knows your shit God! Stop being such a Del..
Read more

Best StartPage for your browser.

All you need for a faster workflow in one place.



Get it for Free