Match the Following: -ERV + RV

question 118

Multiple Choice

Match the following:
-ERV + RV.

• A)Inspiratory capacity
• B)Total lung capacity
• C)Vital capacity
• D)Functional residual capacity

---

Definitions:

Perpetual Inventory System

An accounting method that records inventory updates continuously as sales and purchases occur.

FIFO

"First In, First Out," an inventory valuation method where goods first added to inventory are the first sold, used to determine the cost of goods sold and remaining inventory.

Ending Inventory

Ending Inventory is the total value of all inventory, including raw materials, work-in-process, and finished goods, that a company has at the end of an accounting period.

Perpetual Inventory System

A continuously updated system for tracking inventory that adjusts in real-time with each sale or return transaction, maintaining constant, accurate inventory records.