At the Year End Inventory Count, If Goods in Transit

question 49

Multiple Choice

At the year end inventory count, if goods in transit are shipped FOB destination, they should be included in the inventory count of

• A) The seller
• B) The buyer
• C) Neither the buyer nor the seller

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Definitions:

Common Courtesies

Everyday acts of politeness or a respectful behavior towards others.

Body Language

Non-verbal communication through gestures, facial expressions, behaviors, and posture.

Favorable First Impression

A positive initial perception or judgment formed by someone based on their first encounter with a person, place, or thing.

Job-refusal Messages

Communications sent to decline a job offer, usually expressing gratitude for the opportunity while politely rejecting it due to various reasons.