39) Match the following terms with the appropriate definition. A. Consignor B. Expense recognition principle C. Days' sales in inventory D. Consignee E. Specific identification method F. Inventory turnover G. Lower of cost or market H. Net realizable value 1. The required method of reporting inventory at market when market is lower than cost. 2. An inventory costing method where each item in inventory can be matehed with a specific purchase and invoice. 3. An owner of goods who sends them to another party who will then sell the goods for the owner. 4. Receives and holds goods owned by another for purposes of selling the goods for the owner. 5. Sales price minus the cost of making the sale. 6. How many times a company tums over (sells) its inventory in a period. 7. An estimate of the number of days one can sell from existing inventory if no new items are purchased. 8. The accounting principle that says inventory costs are expensed as cost of goods sold when inventory is sold