Describe FOB shipping point and FOB destination. When does the buyer take ownership of the goods and
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 68% (16 reviews)
FOB shipping point means the buyer takes ownership title to the goods after the ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Horngrens Accounting
ISBN: 978-0133117417
10th edition
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
Question Posted:
Students also viewed these Accounting questions
-
What is the difference between FOB shipping point and FOB destination? How do these terms relate to the revenue principle?
-
What are the differences between FOB shipping point and FOB destination? Explain the differences between how freight costs are recorded for inventory purchases as opposed to inventory sales.
-
Explain the difference between the terms FOB shipping point and FOB destination.
-
Rennie Plant Service completed a special landscaping job for Brenton Company. Rennie uses ABC and has the following predetermined overhead allocation rates The Brenton job included $1,500 in plants;...
-
The number of times interest charges are earned is computed as: a. net income plus interest charges, divided by interest charges b. income before income tax plus interest charges, divided by interest...
-
All states have statutes that regulate gambling. (True/False)
-
What are some of the ways in which MNCs change culture?
-
Transfer pricing, general guideline, goal congruence. (CMA, adapted). Quest Motors, Inc., operates as a decentralized multi division company. The Tivo Division of Quest Motors purchases most of its...
-
3. Draw a 3-bit 4:1 Mux. Label all buses, inputs and outputs. 4. Draw the output Q for the following D Flip Flop. CLK D
-
Kramer Corporation enters a contract to sell 100 custom-made iron pipes to a customer for $300,000 on December 31, 2016, and the customer pays the full amount on that date. The sales contract...
-
1. Prepare Carolina Communications' statement of owners equity for the year ended July 31, 2015. Assume that there were no additional contributions or withdrawals during the year. 2. Prepare Carolina...
-
Brett Knight Company operates four bowling alleys. The owner just received the October 31 bank statement from City National Bank, and the statement shows an ending balance of $905. Listed on the...
-
The time barber Joe takes to give a haircut is exponential with a mean of 12 minutes. Because of his popularity, customers arrive randomly (Poisson) at a rate much higher than Joe can handle: six per...
-
Host-country labor relations are an important part of the IHRM job. What are some examples of labor relations that affect the managers job and effectiveness?
-
What are some leadership behaviors that are most important to enhance performance, and are most frequently embraced by women (refer to the McKinsey survey)?
-
What is meant by the local language of time, and how does time relate to task-oriented versus relationship-oriented situations?
-
The terms e-business and e-commerce are often used interchangeably. Discuss the difference between the two terms and why it matters.
-
How are corporate social responsibility and ethics similar? How do they differ?
-
Discuss some competencies HR managers need to deal with todays trends and challenges.
-
Recall that Chapter 8 described the binary search algorithm for finding a particular entry in an ordered list. The idea behind binary search is to begin looking in the exact center of the list. If...
-
This case is based on an actual situation. Centennial Construction Company, headquartered in Dallas, Texas, built a Rodeway Motel 35 miles north of Dallas. The construction foreman, whose name was...
-
Levon Helm was a kind of one-man mortgage broker. He would drive around Tennessee looking for homes that had second mortgages, and if the criteria were favorable, he would offer to buy the second...
-
Levon Helm was a kind of one-man mortgage broker. He would drive around Tennessee looking for homes that had second mortgages, and if the criteria were favorable, he would offer to buy the second...
-
ABC Hospital is one of two hospitals in the community. The Hospital offers all major specialty services (e.g. cardiology, neurology, pulmonology, etc.) The Hospital is approached by a cardiologist...
-
You obtained job-related information about the HR assistant position from O*Net. Answer the following sections based on that information. QUESTIONS: The following is the list of questions included in...
-
On January 8, the end of the first weekly pay period of the year, Regis Company's employees earned $27,760 of office salaries and $70,840 of sales salaries. Withholdings from the employees' salaries...
Study smarter with the SolutionInn App