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According to the text:
FOB Shipping Point
A term used in shipping agreements indicating that the buyer takes ownership and responsibility for goods at the moment they are shipped.
Specific Identification Method
An inventory costing method where each item in inventory is individually identified and valued, suitable for unique or expensive items.
Income Manipulation
Practices that adjust the way income is recorded or reported to present financial results in a misleadingly favorable light.
Assets Section
The part of a balance sheet that lists the company's resources, such as cash, inventory, and property.
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