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:

Textmosis
1. When another person in earshot gets a text message and you mistakenly check your phone. I thought I got a text message but I was wrong,..
Read more
Thanks Granddad
1. A) Phrase used to express appreciation towards one's Grandfather. B) Phrase used to express appreciation towards someone whilst si..
Read more
Vida Blue
1. Vida Blue is a solo project of the keyboardest from Phish , Page McConnell. very talented band comprising of Page McConnell (Phish) - ..
Read more

Best StartPage for your browser.

All you need for a faster workflow in one place.



Get it for Free