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1. When inventory is shipped from the seller to the buyer with shipping terms of FOB? destination:

A. the goods will be included in the inventory of the seller until they reach their destination.

B. the goods will be included in the inventory of the buyer and the seller while they are in transit.

C. title passes from the seller to the buyer when the goods leave the? seller's shipping dock.

D. the buyer owns the goods while they are in transit.

2. Company A has inventory out on consignment and held for sale by Company B. Which Company will include the goods in their? inventory?

A. Company A

B. Company B

C. Either Company A or Company B

D. Cannot be determined from the facts

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92320627

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