Examlex

Solved

The Cost-To-Charge Ratio (CCR) Is Applied to the Covered Charges

question 3

True/False

The Cost-to-Charge Ratio (CCR) is applied to the covered charges for a case to determine whether the costs of a case exceed the fixed-loss outlier threshold.


Definitions:

FOB Shipping Point

A term used in shipping contracts to indicate that the buyer is responsible for the goods once they are shipped, and must pay for the shipping costs.

FOB Destination

A shipping term indicating that the seller is responsible for the goods and transportation costs until the buyer receives the items.

FOB Destination

A shipping term indicating the seller bears freight charges and retains ownership until goods are delivered to the buyer.

Freight Costs

Expenses associated with transporting goods from one place to another.

Related Questions