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Which of the Following Should Be Included in the Physical

Question 164

Multiple Choice

Which of the following should be included in the physical inventory of a company?


A) Goods held on consignment from another company.
B) Goods in transit to another company shipped FOB shipping point.
C) Goods in transit from another company shipped FOB shipping point.
D) Both goods in transit to and from another company shipped FOB shipping point.

Correct Answer:

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