AVERAGE COST METHOD Definition

Bookmark and Share

AVERAGE COST METHOD is using a weighted average cost for items in inventory rather than actual cost for each specific item.

Learn new Accounting Terms

EXCHANGE RATE RISK, in foreign exchange, is the variability of a firm's value due to uncertain changes in the rate of exchange.

FMLA is Family and Medical Leave Act of 1993.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.