Examlex
Which of the following is mismatched?
FOB Destination
A term used in shipping indicating that the seller is responsible for the freight costs and owns the goods in transit until they are delivered to the buyer's location.
Merchandise Inventory
The goods a retail store has purchased and intends to sell to customers, representing one of the retailer's primary assets.
General and Administrative Expenses
Overhead expenses not directly tied to a specific function like production or sales, including executive salaries, legal fees, and other administrative costs.
FOB Shipping Point
A term used in shipping where the buyer takes responsibility for the goods once they are shipped, and bears transportation costs.
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