If A sells to B, and B obtains title while goods are in transit, the goods were shipped ________. If C sells to D, and C maintains title until the goods arrive at D's door, then the goods were shipped ________.

A. FOB shipping point; FOB shipping point
B. FOB shipping point; FOB destination
C. FOB destination; FOB destination
D. FOB destination; FOB shipping point


Answer: B

Business

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Answer the following statements true (T) or false (F)

1. If an asset is disposed of during the year, there is no need to calculate depreciation from the beginning of the year of disposal to the date of disposal. 2. A business, which has a calendar year accounting period, purchased an asset on March 1, 2018. The business disposed of the asset on August 31, 2019. For the calendar year 2019, depreciation should be calculated from January 1 to August 31. 3. If a business changes the estimated useful life, or estimated residual value, of a plant asset, depreciation expense must be recalculated. 4. When a company makes an accounting change in estimate, Generally Accepted Accounting Principles require that the company make changes to financial statements of prior years.

Business

The expectancy theory of motivation is employed to explain the motivation process in ______.

A. supportive leadership B. participative leadership C. achievement-oriented leadership D. path–goal theory

Business

When Disney relied on licensing agreements with the Oriental Land Company to open its first foreign theme park, Tokyo Disneyland,

A. Its licensing partner, the Oriental Land Company reaped the windfall, because the partner who bore the risk was also likely to be the biggest beneficiary from any upside gain. B. Japanese consumer buying habits and demographics no longer posed a challenge for Disney. C. It was Disney, not the Oriental Land Company, that reaped the windfall because of learning curve effects. D. Disney no longer needed to contend with fluctuating exchange rates and country-to-country variations in host government restrictions and requirements. E. Disney was able to meet the challenge of localizing its product offerings in Japan, leading to a low-cost advantage.

Business

In a goodness of fit test, when ?= .01 and n = 20, the critical chi-square is…

a. 52.191 b. 50.892 c. 31.410 d. none of the above

Business