What does the term free on board mean? Why is this an important term to understand if

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What does the term “free on board” mean? Why is this an important term to understand if you are involved in making decisions about the purchasing of inventory or the setting of prices for your products?

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Financial Accounting

ISBN: 978-0132889711

1st Canadian Edition

Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper

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Question Posted: Jul 08, 2015 02:21 AM

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What does the term free on board mean? Why is this an important term to understand if

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Free on board or fob terms describe where the goods change hands and who is responsible for the shi...View the full answer

Financial Accounting

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