1.Seller's responsibility for freight charges ends when goods arrive at destination.
	2.Inventory is reduced at time of sale.
	3.A control feature.
	4. Equals ending inventory plus cost of goods sold.
	5.Cost of inventory units sold to customers during the accounting period.

	a. F.O.B. destination
	b. Perpetual system
	c. Goods available for sale
	d. Separation of duties
	e. Cost of goods sold