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:

Weird Al Yankovic
1. "Weird" Al Yankovic (full name Alfred Matthew Yankovic) is a parodist and song artist.In 1979, he made his debut with the song..
Read more
Zabboobly
1. 1. A funny noise which is hard to describe. Ok, I was walking down a river, and a noise came. ZABBOOBLY! A rainbow appeared with a lepr..
Read more
`2
1. (backtick-two) An Urban Dictionary editor's best friend. Clicking these while in edit mode will cycle through each definition and m..
Read more

Best StartPage for your browser.

All you need for a faster workflow in one place.



Get it for Free