Match Each of the Following Terms with the Appropriate Definition

Multiple Choice

Match each of the following terms with the appropriate definition.
-The number of times a company's average inventory is sold during a period.

A) Conservatism constraint
B) Inventory turnover
C) Net realizable value
D) Retail inventory method
E) Days' sales in inventory
F) Weighted average inventory method
G) Interim statements
H) LIFO method
I) FIFO method
J) Specific identification method