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:

Cell Yell
1. The result of a person feeling that they need to drastically raise their voice in order to be heard on their mobile phone. Offenders of ..
Read more
Vagotage
1. (sabotage + vagina)when a female ruins plans. -Did you meet up with Dave last night? ---No, Sarah vagotaged the evening with her emoti..
Read more
Ring Burn
1. Intense burning sensation when you take a turd. Usually caused after a hot curry, heavy night out on the piss or just the squits. Appar..
Read more

Best StartPage for your browser.

All you need for a faster workflow in one place.



Get it for Free