Below is a list of key terms.

______	1)	Bill and hold sale	______	6)	Periodic Inventory
______	2)	Consigned Goods	_____	7)	Perpetual Inventory
______	3)	Finished Goods Inventory	______	8)	Purchase obligation
______	4)	FOB Destination	______	9)	Raw Materials Inventory
______	5)	FOB Shipping Point	______	10)	Work-in-Process Inventory

Required: Match each key term with its appropriate definition.

a)	Includes direct labor, raw materials, and manufacturing overhead.
b)	Buyer recognizes purchase of inventory at shipment.
c)	The requested goods will be delivered to the buyer at a later date.
d)	Not recognized in inventory until delivered.
e)	A temporary account is used to record purchases.
f)	Goods ready for sale.
g)	Buyer recognizes purchase of inventory at destination.
h)	Purchases are recorded in an inventory account.
i)	A third party acts as a sales agent for another companys goods.
j)	Tangible goods used in production.