Match the Following Terms with the Appropriate Definition

question 140

Multiple Choice

Match the following terms with the appropriate definition.
-An estimate of days needed to convert the inventory available at the end of the period into receivables or cash.

• A)Gross profit method
• B)Inventory turnover
• C)Conservatism principle
• D)Consistency concept
• E)Consignor
• F)Consignee
• G)Days' sales in inventory
• H)Retail inventory method
• I)Specific identification method
• J)Lower of cost or market

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Definitions:

Chronologically

Arranged in the order of time from the earliest to the most recent.

Desktop Publishing Program

A desktop publishing program is software used to create visual documents for print and digital media.

Adobe InDesign

A software application produced by Adobe Systems, used for designing, preflighting, and publishing documents for print, online, or mobile platforms.

SPSS

A comprehensive and widely used software package for statistical analysis in social science.