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:

K-mill
1. a drink consisting of gin, 80 proof peach schnaps, water, famous grouse (scotch and cola "hey karl make me another K-mill" S..
Read more
Yettles
1. 1.) The words of a confused dutch boy talking about the delicious treat "Yodels" made by Drakes Cakes. 2.) Something that you..
Read more
W.i.h.n.i.w.w.y.
1. What in hell's name is wrong with you????? You gave a reach around to a pregnant cat while singing China's national anthem! w..
Read more

Best StartPage for your browser.

All you need for a faster workflow in one place.



Get it for Free