MATCHING Choose the Best Match for the Definiton

question 19

Essay

MATCHING
Choose the best match for the definiton.
a.arranging organisms into groups based on similarities that show evolutionary relationshops
d.evolutionary ancestor of a group of organisms from a common ancestor
b.the scientific study of the diversity of organisms and their evolutionary relationships
e.group of organisms with a common ancestor
c.the science of naming, describing and classifying organisms
-cladogram

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Definitions:

FIFO Inventory Method

An approach to valuing inventory that assumes the first items purchased are the first ones sold, leading to older inventory costs being assigned to cost of goods sold.

Cost of Goods Sold

Costs incurred directly from producing the goods a company offers, encompassing labor and material expenses.

Physical Inventory

A physical count of merchandise or commodities an organization has on hand at a specific time.

FOB Shipping Point

A term used in shipping contracts to indicate that the buyer assumes responsibility for the goods and the shipping costs from the point of departure.