Which of the Following Do Consumers Obtain Using Household Income

question 42

Multiple Choice

Which of the following do consumers obtain using household income?  

• A) services 
• B) dividends 
• C) interest 
• D) capital gains

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Definitions:

F.O.B. Destination

A shipping term indicating that the seller bears the freight charges and retains ownership of the goods being shipped until they reach the buyer's location.

F.O.B. Shipping Point

Purchaser pays or is responsible for the shipping costs from seller’s shipping point to purchaser’s location.

Discount Period

The established period after a sale during which a customer can pay the invoice at a reduced rate, incentivizing quicker payments and enhancing cash flow.

Merchandise Inventory

Goods that a company holds with the intent of selling them to customers.