Multiple Choice Accounting Questions (Simple)

Please answer the multiple choice questions below

Question '3' [1 point} Goods in transit which are shipped f.o.h. shipping point should be included 0 a] in the inventory of the buyer. 0 b} in the inventory of the seller. 0 c} in the inventory of the purchaser and the inventory of the seller 0 d] in no one's inventory until they arrive at their destination. Question 10(1 point] An inventory cost formula in which the oldest costs incurred rarely have an effect on the ending inventory valuation is Q a] mo. 0 b} moving-average cost. 0 c} mo. 0 d} weighted-average. Question 1'1 {1 point] Under the fair value through other comprehensive income model. unrealized gains and losses are 0 a] recognized in net income. 0 b} recognized in other comprehensive income. 0 c} recognized in either net income or other comprehensive income. 0 d} ignored