Match Each Term with Its Definition

question 9

Multiple Choice

Match each term with its definition.
-Part of the syringe that is pushed in all the way to release any air from the barrel

• A)butterfly needle
• B)spirits of ammonia
• C)hematoma
• D)hemolysis
• E)serum
• F)centrifuge
• G)plasma
• H)plunger
• I)vacuum tube
• J)blood smear

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Definitions:

Periodic Inventory System

A method of inventory valuation for financial reporting purposes where a physical count of inventory is performed at specific intervals, and cost of goods sold is calculated at the end of the accounting period.

Merchandise Purchased

The total cost of goods bought for resale during a specific accounting period.

Purchases Discounts

A reduction in the price of goods that a buyer can take advantage of if they pay by a certain date.

Periodic Inventory System

An inventory method where updates to inventory levels are made at specified periods, typically at the end of a financial year, rather than continuously.