Match Each of the Following Terms with the Appropriate Definition

Multiple Choice

Match each of the following terms with the appropriate definition.
-An inventory valuation method that assumes costs for the most recent items purchased are sold first and charged to cost of goods sold.

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