Answer Choices: (Use Once)

Average cost

Consignment

Cost index

F.o.b. destination

F.o.b. shipping point

FIFO

Gross method

IRS conformity rule

LIFO

Net method

Periodic inventory system

Perpetual inventory system

Exercise 8-29 (Static) Concepts; terminology [LO8-1, 8-2, 8-3, 8-4, 8-5] Listed below are several terms and phrases associated with inventory measurement. Pair each description with the term that is most appropriately associated with it. Note: Select approprlate item from the llst