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:

Uh... Yeah
1. the yeah has a valley girl pronounciation which makes the person asking the question look bad. Is that my hot pocket you're eating..
Read more
Jc Superstar
1. 1. a straight pimp u keeps it real on the hard streets of wpw. 2. a very attractive, kind-hearted person. "Man, that dude over ..
Read more
Stantastic
1. A "Polish" engineering report full of color and bullshit, containing little useful content. Features colors from the Polish f..
Read more

Best StartPage for your browser.

All you need for a faster workflow in one place.



Get it for Free