Which of the Following Is True About Freight In

question 148

Multiple Choice

Which of the following is true about freight in?

• A)Freight in is added to the cost of merchandise inventory.
• B)Freight in is a selling expense.
• C)Freight in is an operating expense.
• D)Freight in is deducted from Accounts payable.

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Definitions:

Ruff Degradation

A chemical process used to convert monosaccharides into smaller sugars or alditols.

Optically Active

Refers to a substance that can rotate the plane of polarized light, indicating chiral molecules not superimposable on their mirror image.

Alditol

A type of sugar alcohol formed by reducing the aldehyde or ketone group in aldoses or ketoses, respectively.

Silver Oxide

A chemical compound of silver and oxygen that's used in some batteries and as a mild oxidizing agent in organic synthesis.