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Jenny works in a local jail as a correctional officer. Every day she sees dozens of offenders entering the jail. At the same time, dozens of inmates are released from jail every day for various reasons. She is actually responsible for the intake and release of individuals from the facility.
-When an individual is processed into the county jail, classification takes place. What happens during this classification process?
Store Equipment
Fixed assets or long-term assets purchased for the operation of a store, such as shelves, register systems, and furniture, which are used in the business over several years.
F.O.B. Shipping Point
A shipping term indicating that the buyer takes ownership and responsibility for goods once they are shipped, and is responsible for shipping costs.
Merchandise Inventory
Goods that a company intends to sell to customers that are considered as current assets on the balance sheet.
Freight Charge
The cost associated with the transportation of goods from one place to another.
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