Match the Terms with the Descriptions Related to Merchandise Sales

question 163

Multiple Choice

Match the terms with the descriptions related to merchandise sales and purchases.
-gave a customer a cash refund

• A)transportation-in
• B)perpetual inventory system
• C)net purchases
• D)F.O.B. destination
• E)cost of goods available for sale
• F)periodic inventory system
• G)F.O.B. shipping point
• H)delivery expense

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Definitions:

Critical Parts

Essential components of a system or machinery that require regular maintenance and monitoring for safety.

Air Ratchet

A pneumatic tool used for loosening or tightening bolts or nuts with minimum effort, utilizing compressed air.

Impact Wrench

An air-powered tool for loosening lug nuts and other tight fasteners.

Fillister

A type of screw or bolt with a cylindrical head having a slightly domed top surface.