Match the term on the left to the appropriate description on the right. ...
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Accounting
Match the term on the left to the appropriate description on the right.
- A. B. C. D. E. F. Cost of goods available for sale (COGAS)
- A. B. C. D. E. F. LIFO reserve
- A. B. C. D. E. F. Lower-of-cost-or-market
- A. B. C. D. E. F. Inventory turnover ratio.
- A. B. C. D. E. F. FIFO (first-in, first out)
- A. B. C. D. E. F. Periodic inventory
A. A method for calculating COGS based on ending inventory value.
B. A measure for evaluating a company's inventory management.
C. The amount by which inventory measured under FIFO would exceed inventory measured under LIFO
D. The maximum value that cost of goods sold (COGS) can be in a period.
E. A valuation rule applied to ending inventory.
F. An inventory cost flow assumption.
Match the term on the left to the appropriate description on the right.
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