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    Business
  3. Study Set
    Fundamentals of Financial Accounting
  4. Exam
    Exam 6: Internal Control and Financial Reporting for Cash and Merchandising Operations
  5. Question
    FOB Shipping Point Means That Ownership of Goods Passes to the Buyer
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FOB Shipping Point Means That Ownership of Goods Passes to the Buyer

Question 61

Question 61

True/False

FOB shipping point means that ownership of goods passes to the buyer when the goods reach the buyer.

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