Suppose Company a Places an Order with Company B on May

question 29

Multiple Choice

Suppose Company A places an order with Company B on May 12.On May 14,Company B ships the ordered goods to Company A with terms FOB destination.The goods arrive at Company A on May 17.Company A begins selling the goods to customers on May 19 and pays Company B on May 20.When would Company B record the sale of goods to Company A?

• A)May 12.
• B)May 14.
• C)May 19.
• D)May 17.

---

Definitions:

Codicil

A supplemental modification of an existing will.

Organic Solidarity

Emile Durkheim’s concept to describe the form of social cohesion that exists in complex societies with a high division of labor. Such societies have an organic character because of the necessary interdependence of their specialized and highly individuated members.

Mechanical Solidarity

Emile Durkheim’s concept to describe the form of social cohesion that exists in small-scale societies that have minimal division of labor. In such societies, there is little specialization or individuation. The “conscience collective” embraces individual awareness.

Agrarian Society

A community or society whose economy is primarily based on agriculture and farming.