Match the Terms with the Definitions

question 19

Multiple Choice

Match the terms with the definitions.
-A method of allocating merchandise cost based on the average cost of identical units. The average cost of identical units is determined by dividing the total cost of units available for sale by the total number of units available for sale.

• 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

---

Definitions:

Cystic Fibrosis

A genetic disorder that affects the lungs and digestive system, characterized by thick, sticky mucus that can lead to infections and respiratory failure.

Alcohol Hepatitis

Inflammation of the liver caused by excessive alcohol consumption, leading to liver damage and dysfunction.

Breast Cancer

A malignant tumor that develops from breast cells and is the most common cancer among women worldwide.

Holistic Health Model

An approach to healthcare that considers the whole person, including physical, mental, social, and spiritual aspects, in the pursuit of optimal health.