FOB Origin Pricing Refers to

question 182

Multiple Choice

FOB origin pricing refers to

• A)a method of "free on board" pricing where the price the seller sets includes all transportation costs.
• B)a method of pricing where taxes and tariffs are adjusted based upon the city,state,or country of origin of a product and not its destination.
• C)the "free on board" (FOB)price the seller quotes that includes only the cost of loading the product onto or into a vehicle and specifies the name of the location where the loading is to occur (seller's factory or warehouse).
• D)a method of pricing where taxes and tariffs are adjusted based upon the city,state,or country destination of a product and not its place of origin.
• E)the buyer's naming the location of this loading as the seller's factory or warehouse.

Identify the characteristics of different forms of business entities.

Apply the business entity concept in various contexts.

Comprehend the function and structure of the four main financial statements.

Understand the distinctions between internal and external users of financial information.

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Definitions:

Weber's Law

A principle in psychology that states the smallest perceptible difference in a stimulus is proportional to the intensity of the original stimulus.

High Threshold

A term indicating a level of high sensitivity or resistance to stimulus before a response is triggered.

Signal-detection Theory

A method for measuring the capacity to differentiate informative patterns from random, distracting ones.

False Alarm

An instance where a warning or signal is given, but no real danger or threat actually exists; it can also refer to a mistaken belief that a target or signal has been detected.