If goods have been shipped under FOB destination, which of the following is true? O a. FOB indicates that a price reduction has been applied to the order. O b. Title to the goods will transfer as soon as the goods are shipped. O . The seller must pay the shipping costs O d. The seller and the buyer will each pay 50% of the shipping cost. Intangible assets include each of the following except O a. Land improvements O b. Copyrights O c. Patents O d. Goodwill

If goods have been shipped under FOB destination, which of the following is true? O a. FOB indicates that a price reduction has been applied to the order. O b. Title to the goods will transfer as soon as the goods are shipped. O . The seller must pay the shipping costs O d. The seller and the buyer will each pay 50% of the shipping cost. Intangible assets include each of the following except O a. Land improvements O b. Copyrights O c. Patents O d. Goodwill

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter10: Inventory

Section: Chapter Questions

Problem 4MC: If goods are shipped FOB destination, which of the following is true? A. Title to the goods will...

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