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(5 points) Which of the following statements is true regarding inventory in transit that is being shipped FOB destination? Assume that the inventory was shipped
(5 points) Which of the following statements is true regarding inventory in transit that is being shipped FOB destination? Assume that the inventory was shipped on December 26th and won't arrive until January 2nd. (A 11) It should be included in the seller's ending inventory. It will be not be considered inventory until it arrives and can be sold. It should be included in the shipping company's inventory. It should be included in the buyer's ending inventory
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