Match the Terms with the Descriptions Related to Merchandise Sales

question 4

Multiple Choice

Match the terms with the descriptions related to merchandise sales and purchases.
-seller responsible for the cost of delivering the merchandise to the buyer

• A)transportation-in
• B)perpetual inventory system
• C)net purchases
• D)F.O.B. destination
• E)cost of goods available for sale
• F)periodic inventory system
• G)F.O.B. shipping point
• H)delivery expense

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Definitions:

Fraudulent Means

Actions or practices intended to deceive or trick others, usually for personal gain or to fulfill some other illicit objective.

Phone Use

The usage of a mobile or landline telephone for purposes such as communication, internet browsing, or application use.

Burden Of Proof

The obligation in a legal dispute to prove one's allegations or claims; it determines who must prove the point at issue.

Reasonable Doubt

A standard in criminal law that requires the prosecution to prove the defendant's guilt to such an extent that a reasonable person would have no doubt regarding the defendant's guilt.