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GalinKa [24]
3 years ago
5

A company implements the following policy regarding inventory in transit: Goods purchased are included in inventory records, whi

le goods sold are not included in inventory records. Management feels this policy is reasonable because it assigns inventory in transit to the party that initiated the transactions. Which of the following concepts is management not considering in implementing this policy?
a. The kelihood that inventory purchased or sold will be returned.
b. The quantity of the inventory involved in the transaction.
c. The party who has title to the inventory while in transit.
d. The materiality of shipping costs.
Business
1 answer:
a_sh-v [17]3 years ago
8 0

Answer:

c. The party who has title to the inventory while in transit.

Explanation:

If you sell or buy FOB shipping point, then you could use this type of accounting method. The title of the goods is transferred immediately (as soon as the goods leave the seller's premises). But if the transactions are FOB destination, the title of the goods is transferred only after the goods have been delivered.

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<h3>What is an operating income?</h3>

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2 years ago
To begin motivating an apathetic associate, a manager informally questions her about her satisfaction with her job's ability to
fgiga [73]

Answer:

Maslow’s need hierarchy

Explanation:

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3 years ago
The keynesian model focuses more on short-term fluctuations caused by business cycles and the neoclassical model focuses more on
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The Keynesian model focuses more on short-term fluctuations caused by business cycles and the neoclassical model focuses more on short-term fluctuations caused by business cycles.

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Aggregate demand is a useful tool for controlling inflation.

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4 0
2 years ago
Providing incentives for customers to learn more about your service is known as
Yakvenalex [24]
I Think The answer is b I hope it helps My friend Message Me if I’m wrong and I’ll change My answer and fix it for you
6 0
3 years ago
Read 2 more answers
The goal of a​ _______________ is to establish a stocking level that strikes the best balance between expected shortage costs an
Tanzania [10]

Answer: (A) Single-period

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 The single-period inventory system is one of the type of business model that faced problem due to the product order seasonally and also the one time purchasing of the goods and the services.

The main aim of the single period inventory system is that they established stocking level that helps in balancing the expected excess costs and the shortage cost of the product.

This inventory system basically ensure that the products and the services are adequately supply to the customers.

Therefore, Option (A) is correct.

5 0
3 years ago
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