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    Financial Accounting Tools Study Set 4
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    Exam 6: Reporting and Analyzing Inventory
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    Goods That Have Been Purchased FOB Destination but Are in Transit
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Goods That Have Been Purchased FOB Destination but Are in Transit

Question 17

Question 17

True/False

Goods that have been purchased FOB destination but are in transit, should be excluded from a physical count of goods by the buyer.

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