Crissie Is Organizing a Group of Volunteers to Help Contribute

question 397

Multiple Choice

Crissie is organizing a group of volunteers to help contribute ideas for a fundraiser event.Because the volunteers are spread across the country, she wants to set up a site where group members can contribute and modifynotes, links, and other information.Which type of site would work best for this purpose?

• A) Blog
• B) Search site
• C) Media sharing
• D) Wiki

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Definitions:

Individually Identifiable

Characteristics of an asset or an entity that can be distinctly identified, isolated, and valued separately from other assets or entities.

Cost of Goods Available

Cost of goods available refers to the total cost of inventory that a company has to sell at the beginning of an accounting period, including purchases made during the period.

FOB Destination

A shipping term where the seller retains risk and ownership of goods until they are delivered to the buyer's location, at which point the buyer assumes responsibility.

FOB Shipping Point

A shipping term indicating that a buyer assumes ownership and responsibility for goods at the seller's location, and thus is responsible for freight costs and any associated risks during transportation.