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If a Sells to B,and B Obtains Title While Goods

question 35

Multiple Choice

If A sells to B,and B obtains title while goods are in transit,the goods were shipped .If C sells to D,and C maintains title until the goods arrive at D's door then the goods were shipped _______.


Definitions:

Executory Costs

Expenses related to the operation of a leased asset that are typically paid by the lessee, such as insurance, maintenance, and taxes.

Capitalized Costs

Expenditures that are added to the cost basis of a fixed asset on the balance sheet rather than being expensed in the period they are incurred.

Operating Expenses

Costs associated with a company's main operational activities, excluding the cost of goods sold.

Deferred Revenue

Income received by a company for goods or services yet to be delivered or performed, recognized as a liability until performance.

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