Which Transaction Would Not Be Included in Year End Inventory

question 118

Multiple Choice

Which transaction would not be included in year end inventory?

• A)Goods received on consignment at year end.
• B)Goods shipped out on consignment at year end.
• C)Goods shipped FOB shipping point after year end.
• D)Goods received at year end.

Differentiate between positive and normative economics and their roles in economic analysis and policy recommendation.

Understand the significance of economic efficiency and market operations.

Analyze the impact of individual and governmental economic decisions on society and the economy.

Grasp the role of economic principles in policy-making and societal debates.