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:

Kalind
1. A rare form of name, derived from research of Bonobo apes in Finland and India. People with this name are usually unstable, exercise ext..
Read more
Ketut
1. Stepping in doggy doo doo OH geez, I have done a 'ketut', must have been whilst walking in the park! See dog poop..
Read more
Gonker
1. the little hangy down thing in the back of your throat. the doctor took a peak at my GONKER as I said "AHHHH" See uvula, ton..
Read more

Best StartPage for your browser.

All you need for a faster workflow in one place.



Get it for Free