Goods Shipped FOB (Free on Board) Shipping Point Should Be

question 137

Multiple Choice

Goods shipped FOB (free on board) shipping point should be _______.

• A)included in inventory by both the buyer and seller upon shipment
• B)included in the inventory and accounts payable of the selling entity upon shipment
• C)included in the inventory and accounts payable of the purchasing entity upon shipment
• D)excluded by both the buyer and seller upon shipment

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Definitions:

Jet Lag

A temporary sleep disorder that occurs when a person's internal body clock is out of sync with the time in a new time zone, often experienced after long flights.

East

A cardinal direction; the direction from which the sun rises, opposite of west.

West

A cardinal direction, opposite of east, often associated with sunset or the direction on the left when facing north.

REM Sleep

A phase of sleep characterized by rapid eye movements, increased brain activity, and vivid dreams, playing a crucial role in emotional regulation and memory.