Which of the Following Should Be Included in the Physical

question 216

Multiple Choice

Which of the following should be included in the physical inventory of a company?

• A) Goods held on consignment from another company.
• B) Goods in transit to another company shipped FOB shipping point.
• C) Goods in transit from another company shipped FOB shipping point.
• D) Both b and c above.

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Definitions:

Brown Eyes

A physical trait characterized by the presence of melanin in the iris, resulting in a brown coloration of the eyes.

Dominant-Recessive Genes Principle

A genetic principle in which the dominant allele masks the effect of a recessive allele in heterozygous pairs.

Dominant Gene

A genetic sequence that overpowers and determines the expression of a trait over another allele.

Recessive Gene

A gene that produces its characteristic phenotype only when its allele is identical, being masked by the effects of a dominant gene when paired with it.