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. 1. A sexual act in which the male partner stands behind a spinning fan and ejaculates into it. The fan disperses and propels the ejacula..
1. The excess fat that hangs over jeans, out of bras, dangles from arms, etc. It "ploobuls" over. "Did you see that man?&qu..
1. isreli term used to emphasize sincerity (i.e. in english: 'on my mothers grave', in my eyes i'm telling the truth..