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:

Lemay
1. The most badass guy ever The guy who tells you "no drinking in the computer lab" as he spills mountain dew all over his keybo..
Read more
Interplodation
1. To eat ones self in one fell swoop by opening ones mouth and swalling your entire body. Brett and David just completed interplodation. ..
Read more
Karley White
1. A term for any self-serving ho who exists only to better herself and, oh yeah, sleep with plenty of guys. Oh my God she is such a Karle..
Read more

Best StartPage for your browser.

All you need for a faster workflow in one place.



Get it for Free