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:

1. (noun) A quiff with a fringe. Of a person, pertaining to an individual possessing a quiff and a fringe simultaneously. 1) Look at that..
1. gothic finnish rock band. Similar to H.I.M., 69 eyes and the Rasmus. They're actually kinda cool. Wow entwine 's new video &q..
1. Finding a logical solution to what is fucked up in socieity. Examples of which are: the endless war in Iraq, a tax structure that favor..