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. A 7th ward hard head is a resident of New Orleans who was born and raised in the 7th Ward. Mannie Fresh is a 7th Ward Hard Head "..
1. (adj) Being quite hyper and at the same time tired. Often can be mistaken for being high. The origins of the term date back to the oomp..
1. A roleplaying community that took over one of the boards on Swirve's message boards for their online game, Utopia. Contrary to what..