Match Each Definition with the Correct Term Below

question 66

Multiple Choice

Match each definition with the correct term below.
-Just-in-time operating environment

• A)An inventory management system in which the Internet is used to order and track goods.
• B)A method of valuing inventory that assumes that costs of the first items acquired should be assigned to the first items sold.
• C)A method of estimating inventory that uses the ratio of cost to retail price.
• D)Merchandise that its owner places on the premises of another company with the understanding that payment will be made only when the merchandise is sold.
• E)An inventory management system in which goods arrive just at the time they are needed.
• F)when sales have reduced inventories below the levels set in prior years.
• G)A method of estimating inventory that assumes the gross margin for a business remains relatively stable from year to year.
• H)The association of costs with their assumed flow in the operations of a company.
• I)A method of valuing inventory that assumes that the costs of the last items purchased should be assigned to the first items sold.
• J)A method of valuing inventory that identifies the cost of each item in ending inventory.

---

Definitions:

Optic Ataxia

Deficit in the visual control of reaching and other movements.

Visual-Form Agnosia

Inability to recognize objects or drawings of objects.

Receptive Field

The specific area within the visual field that a particular sensory neuron responds to.

Rods

Photoreceptor cells in the retina of the eye responsible for vision at low light levels, important for night vision.