Match Each Definition to the Correct Term

question 14

Multiple Choice

Match each definition to the correct term
-These are organisms that consume both live plants and animals to fulfill their metabolic requirements in an ecosystem.

• A)Carnivore
• B)Primary consumers
• C)Ecology
• D)Producers
• E)Decomposers
• F)Carbon dioxide
• G)Omnivores
• H)Transpiration
• I)Limestone
• J)Herbivores

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Definitions:

LIFO for Tax

Last In, First Out method for tax purposes, an inventory valuation method where the latest items added to inventory are considered sold first, impacting taxation.

Legal Title

The recognized legal ownership of property or assets, which includes the rights to use, sell, or transfer the property.

FOB Destination

A shipping term where the seller retains the risk of loss until the goods reach the buyer's location and are ready for unloading.

Inventory Cost Flow

The method used to determine the cost of inventory sold and remaining in stock.