Match the Following Terms with the Appropriate Definition

Multiple Choice

Match the following terms with the appropriate definition.
-The principle that aims to select the less optimistic estimate when two or more estimates are about equally likely.

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