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Match the Following Terms with the Appropriate Definition

Question 51

Multiple Choice

Match the following terms with the appropriate definition.
-An owner of goods who ships them to another party who will then sell the goods for the owner.


A) Gross profit method
B) Inventory turnover
C) Conservatism principle
D) Consistency concept
E) Consignor
F) Consignee
G) Days' sales in inventory
H) Retail inventory method
I) Specific identification method
J) Lower of cost or market

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