Goods in Transit Shipped FOB Shipping Point Should Be Included

question 90

Multiple Choice

Goods in transit shipped FOB shipping point should be included in the inventory of the

• A) buyer
• B) seller
• C) shipping company
• D) none of these

---

Definitions:

Produce

To create or manufacture goods and products for consumer use.

Cost Table

A detailed listing of all costs associated with specific actions or projects, often used for budgeting and financial planning.

Produce

Agricultural products, especially fruits and vegetables, grown and harvested for human consumption.

Supply Curve

A visual depiction that illustrates the connection between the cost of a product and the amount available.