If the buyer is to pay the transportation cost of delivering merchandise, were the goods shipped FOB destination or FOB shipping point?
What will be an ideal response?
FOB shipping point
The terms FOB shipping point and FOB destination identify whether the buyer or the seller is responsible for freight costs. If goods are delivered FOB shipping point, the buyer is responsible for the freight cost. If goods are delivered FOB destination, the seller is responsible.
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Which of the following statements is NOT true?
a. In recent years there have been many cases of financial statement fraud. b. Proactive fraud detection methods are in their infancy. c. Accounting anomalies indicate fraud has or is occurring. d. Fraud investigation involves determining who committed the fraud, the schemes used and how much money or assets were taken.
Research on resistance to change dates back to a classic study of participative decision-making. This study shows that OD can impact resistance to change through an intervention that ______.
A. transferred employees to new jobs B. increased employee pay C. increased employee stress D. increased employee participation in the process
If a firm has limited funds to invest, all the mutually exclusive projects that meet its minimum investment criteria should be implemented
Indicate whether the statement is true or false
Of the following G7 countries, which market returns have the highest correlation with U.S. returns?
A) Japan B) Canada C) France D) U.K.