C. Direction: Match column A to Column B. Write the letter of the correct answer.
Column A
1. Unit of preserved information
2. Is also known as coast of good
sold (COGS)
3. Keeping track of money owed
to the business
4. This approach uses the average
purchase prices of all of the
goods and materials in stock,
regardless of the date of purchase.
5. This method assumes that the
first product.
Column B
A. Cost of Sales
B. Value of records keeping
C. Average Cost Method
D. Record Keeping
E. First In, First Out
F. Last In, First Out​