Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match the following business types with each business listed below. Each may be used more than once. Clear All Single-step income statement Shipping terms where the ownership of merchandise passes to the buyer when the buyer receives the merchandise. FOB destination Losses of inventory due to theft, damage, spoilage, etc. that cause the actual inventory on hand to be less than that on record. Credit terms Statement where net income is determined by deducting all expenses from all revenues. Inventory shrinkage Payment arrangements determined by the seller as to when invoices are due and whether early payment discount is offered. FOB shipping point