Match the Terms with the Definitions

question 78

Multiple Choice

Match the terms with the definitions.
-A variation of the gross profit method that is used by many retail businesses, to estimate the cost of goods sold and ending inventory.

• A)average cost
• B)weighted-average method
• C)consignee
• D)consigned goods
• E)specific identification method
• F)retail method
• G)cost
• H)physical inventory
• I)periodic inventory system
• J)in transit
• K)inventory sheet
• L)natural business year
• M)lower-of-cost-or-market method

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Definitions:

Facebook

A social networking platform that allows users to connect and share with family and friends online, established in February 2004 by Mark Zuckerberg and colleagues.

Body Image

One's perception, thoughts, and feelings about their own body’s appearance, size, and shape.

Eating Disorders

Mental health disorders marked by extreme disturbances in eating behaviors and related thoughts and emotions.

Chubby Child

A term that may refer to a young person having a rounder and softer body than average, often considered healthy but can raise concerns about potential future health issues.