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:

Big Kid
1. A child that uses Pull-Ups to potty train. Parent: Pull up your Pull-Ups honey Child: I'm a BIG KID now!..
Read more
Brownbone
1. A female or male of African American descent who has brown skin. Gabrielle Union, Tichina Arnold, and Kelly Rowland are brownbones. Se..
Read more
Mister Lairs
1. He was a robot created in the 24th century to decide if people have been naughty or nice and distribute presents accordingly. His standa..
Read more

Best StartPage for your browser.

All you need for a faster workflow in one place.



Get it for Free