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. Something someone does when they are very thirsty and want to get buzzed fast. Acronym for - pound beer to your face. Dude... it's..
1. Generation Wii A term (one of many) for those who are 12-18 years old in 2008. You can tell someone from Generation Wii because they ..
1. A man who has developed a habit for Prostitutes Mattys picken up another hooker tonight...Yea man He's the Jonfather See jon, joh..