9. Accounts Receivable is also called Promissory Note a. True b. False 10. Which of this is not an element of the Fraud Triangle a. Pressure/Motivation b. Opportunity c. Rationalization d. Allowance 11. Inventory on hand is expressed as a. Asset on the Balance Sheet b. Expense on the Income Statement c. Liability on Balance Sheet d. None of the above 12. FOB Shipping Point means - a. Purchaser owns goods while in transit b. Purchaser pays transportation costs C. Inventory is included in purchaser's inventory count d. All of the above 13. When inventory costs are rising a. FIFO COGS is lowest b. FIFO COGS is highest c. FIFO COGS is same d. Gross Profit is lowest