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:

Dippsie Doodle
1. A big jug headed tired old man,that takes a licking but keeps on ticking. ole dippsie doodle is getting his rump kicked on machine ele..
Read more
Klunknut
1. A person who is so stupid their actions defy human ability to comprehend. I can't believe what a klunknut Kim is, she colored her ..
Read more
Haloed Out
1. The act of playing Halo too much, getting tired of it. Sam: Come on! Play some more Halo with me... Johnny: Naw man, I'm haloed O..
Read more

Best StartPage for your browser.

All you need for a faster workflow in one place.



Get it for Free