Match the accounting terminology to the definitions. (Click the icon to view the definitions.) 1. Cost of Goods Sold Perpetual inventory 2. system 3. Vendor Periodic inventory 4. system 5. Operating expenses 6. Gross profit An inventory system that requires businesses to obtain a physical count of inventory to determine a. quantities on hand. Expenses, other than Cost of Goods Sold, that are b. incurred in the entity's major ongoing operations. Excess of Net Sales Revenue over Cost of Goods c. Sold. The cost of merchandise inventory that the business Excess of Net Sales Revenue over Cost of Goods C. Sold. The cost of merchandise inventory that the business d. has sold to customers. The individual or business from whom a company e. purchases goods. An inventory system that keeps a running f. computerized record of merchandise inventory