The buyer must include goods purchased FOB shipping point in its inventory account if the goods are still in transit

a. True
b. False

Indicate whether the statement is true or false

True

Business

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Domestic mail is transmitted

i. Among the States in the U.S. j. Between the States, its territories, and possessions. k. Between the States, its territories, and possessions, Army-Air Force (APO) and Navy (FPO) post office. l. Between the States, its territories, and possessions, Army-Air Force (APO) and Navy (FPO) post office as well as deliveries to the United Nations, New York City.

Business

Which level of management sets general policies, formulates strategies, approves all significant decisions, and represents the company in dealings with other firms and with government bodies?

A) Operations managers B) Production managers C) Top managers D) Middle managers E) First-line managers

Business