Which one of the following statements is true?
A) FOB destination means the buyer has legal title to the goods while they are in transit.
B) FOB shipping point means the seller has legal title to the goods while they are in transit.
C) FOB destination means the seller has legal title to the goods until they reach the buyer's place of business.
D) FOB shipping point means the buyer acquires legal title to the goods when they reach the buyer's place of business.
C
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What is the money supply?
A) the total amount of money held in the Federal Reserve Bank B) the combined amount of money available in privately owned accounts C) the combined amount of money available within the economy D) the amount of money the government is allowed to spend to stimulate economic growth E) all the coins and bills held by people, businesses, and banks
________ is a tool used by manufacturing facilities to coordinate production of all the goods the company makes
A) JIT system B) Value web C) Six Sigma D) Inventory list E) Master production schedule