Question Completion Status: Moving to another question will save this response. >> Question 16 Match the term on the left to the appropriate description on the right. 3 points Save Answer C, Cost of goods available for sale (COGAS) A. A measure for evaluating a company's inventory management. LIFO reserve Lower-of-cost-or-market B. An inventory cost flow assumption C. The amount by which inventory measured under FIFO would exceed inventory measured under LIFO Inventory turnover ratio. FIFO (first-in. first out) D. A method for calculating COGS based on ending Inventory value. E. The maximum value that cost of goods sold (COGS) can be in a period. Periodic inventory F. A valuation rule applied to ending inventory, Moving to another question will save this response. Question 16 of 26 US