Listed Below Are 5 Terms Followed by a List of Phrases

Multiple Choice

Listed below are 5 terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the correct term.
-Physical flow

A) Units grouped according to similarities.
B) Captured by FIFO for perishable products.
C) Considered a product cost.
D) Reduces the quality of current period earnings information.
E) Continuously records changes in inventory.