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Periodic Inventory - Freight Costs
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Periodic Inventory - Freight Costs
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4. Merchandising Operations / Periodic Inventory - Freight Costs / Problem 2
Problem 2
Under FOB Destination terms, who is responsible for freight costs and when does ownership transfer?
A
The seller is responsible for freight costs, and ownership transfers at the destination.
B
The buyer is responsible for freight costs, and ownership transfers at the shipping point.
C
The seller is responsible for freight costs, and ownership transfers at the shipping point.
D
The buyer is responsible for freight costs, and ownership transfers at the destination.
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