41. An owner of goods who ships them to another party who will then sell the goods for the Owner 42. A procedure for estimating inventory where the past gross profit rate is used to estimate the cost of goods sold, which is then subtracted from the cost of goods for sale to determine the estimated ending inventory. 43. The accounting principle that a company use the same accounting methods period after period so that the financial statements of succeeding periods will be comparable. 44. An estimate of needed to convert the inventory available at the end of the period days into receivables or cash. 4s. One who receives and holds goods owned by another for purposes of sellingthe goods 46 for the owner. to inventory where the purchase cost ofeach item in method of assigning costs to determine the cost of inventory, inventory is identified and used an accounting 47. The number of times a company's average inventory is sold during tired method of reporting when market is lower than cost. 48. The req inventory based on the ratio of the amount of goods for sale at 49. A method for of cost to the amount goods for sale at retail prices. two or more to select the less optimistic estimate when estimates are about choice 1 through #65): 6-Multiple Chepter consists of the policies and procedures managers use to: (80) 51. An internal control system B) reliable operations. Promote to policies. Urge the All of ollowing statements about cash are FALSE? (#96)