Match the Terms with the Descriptions Provided

question 129

Multiple Choice

Match the terms with the descriptions provided.
-in the periodic inventory system,the account used to record the cost of merchandise acquired for resale

• A)consignment
• B)discount period
• C)inventory
• D)LIFO reserve
• E)Lower of cost or net realizable value
• F)purchase allowance
• G)purchase discounts
• H)purchase returns
• I)purchases

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Definitions:

Punish Deficiencies

Penalizing failures or lack in required or expected qualities, performance, or resources.

Work Friends

Colleagues with whom one maintains a friendly relationship, often extending beyond the professional environment.

Energized

Feeling lively, full of energy or power.

Depression

A mental health disorder characterized by persistent feelings of sadness, lack of interest, and can include various physical and emotional problems.