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SECTION II: MATCHING (10 possible points) Please match the numbered terms with their definitions by placing the letter that identifies the best definition in the

SECTION II: MATCHING (10 possible points) Please match the numbered terms with their definitions by placing the letter that identifies the best definition in the blank space next to the term. The value of each correct answer is 1 point.

____ 1. Accelerated Depreciation

____ 2. Double Declining-Balance Method

____ 3. FIFO Method ____ 4. Internal Control System

____ 5. LIFO Method ____ 6. Periodic System ____ 7. Perpetual System ____ 8. Sarbanes-Oxley Act

____ 9. Straight-Line Method

____ 10. Time Value of Money

A. Policies and procedures necessary to ensure the safeguarding of an entity

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