Goods in Transit Should Be Included in the Inventory of the Buyer

question 153

Multiple Choice

Goods in transit should be included in the inventory of the buyer when the

• A)public carrier accepts the goods from the seller.
• B)goods reach the buyer.
• C)terms of sale are FOB destination.
• D)terms of sale are FOB shipping point.

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Definitions:

Normative Commitment

Organizational commitment based on an individual’s perceived obligation to remain with an organization.

Organizational Commitment

The strength of an individual’s identification with an organization.

Continuance Commitment

Organizational commitment based on the fact that an individual cannot afford to leave.

Counterproductive Work Behavior

Activities undertaken by employees that are against the interests or objectives of their employer.