Quiz 8.129 – Terms and Phrases

Intermediate Accounting

Spiceland, Nelson, and Thomas

10th Edition

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Match each phrase with its corresponding terminology. Consignment, FOB, LIFO, FIFO, etc.

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  • Search Terms: the a another are arrive as at average be below but by carrier. ____ . changes characterize come common company conformity consignment inventory correct cost legal customer delivered describe destination continuously dollar-value during each end f.o.b. fifo goods financial first. ____ . followed for from goods in income inventory inventory. ____ . is it last. ____ . lifo lifo items list listed location. ____ . match mixture must number of or passes period. ____ . periodic perpetual phrase phrases point adjusts purchased purposes, quantity records remains reporting. ____ rule if shipping sold system items system legal tax term. term phrase number . terms, terms. that the those title to transferor. ____ . transferred used value. ____ . viewed when with
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