Match the schnitions to the terms Weighted Average Compatibility Principle Costane Principi First-n, Frst-out Net Realizable Control Principle Flexibility Principle Gross Margin Last in Last-out Perpetual Syslem entory Periodic inventory System Match con bons above to the hom bew. Free on board point of transfer) Not sales minus cast of goods sold Updates accounting records for each purchase and each sale of Inventory Assumes that inventory items are sold in the order acquired. Assumes the the most recent purchases are sold first Cost of goods available for sale at each sale divided by the number of units available for sale at each sale! Prescribes that an arrautning Information system conform with a compray's activities personal and structure Prescribes that an accounting Information system have intemal controls (procedures that help managers control and monitor business actitles. Prescribes thet the benefits from an activity outweigh the costs of the activity. Prescribes thet an accounting information system be able to adapt to chagnes n the company, business environment and needs of decision makers. Match the schnitions to the terms Weighted Average Compatibility Principle Costane Principi First-n, Frst-out Net Realizable Control Principle Flexibility Principle Gross Margin Last in Last-out Perpetual Syslem entory Periodic inventory System Match con bons above to the hom bew. Free on board point of transfer) Not sales minus cast of goods sold Updates accounting records for each purchase and each sale of Inventory Assumes that inventory items are sold in the order acquired. Assumes the the most recent purchases are sold first Cost of goods available for sale at each sale divided by the number of units available for sale at each sale! Prescribes that an arrautning Information system conform with a compray's activities personal and structure Prescribes that an accounting Information system have intemal controls (procedures that help managers control and monitor business actitles. Prescribes thet the benefits from an activity outweigh the costs of the activity. Prescribes thet an accounting information system be able to adapt to chagnes n the company, business environment and needs of decision makers