Match the Items Below by Choosing the Appropriate Code Letter

Multiple Choice

Match the items below by choosing the appropriate code letter :
-Cost of sales consists of the most recent inventory purchases.

A) Inventory
B) Work in process
C) FOB shipping point
D) FOB destination
E) Specific identification method
F) First-in, first-out (FIFO) method
G) Last-in, first-out (LIFO) method
H) Average cost method
I) Inventory turnover