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    Horngrens Accounting Study Set 2
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    Exam 5: Merchandising Operations and the Accounting Cycle
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    FOB Shipping Point Means That the Title to the Goods
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FOB Shipping Point Means That the Title to the Goods

Question 77

Question 77

True/False

FOB shipping point means that the title to the goods passes to the purchaser upon receipt of the goods and the seller is responsible for the cost of the freight.

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