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When goods are shipped FOB shipping point, which of the following is NOT true? a . The seller assumes responsibility for all freight costs b
When goods are shipped FOB shipping point, which of the following is NOT true?
a The seller assumes responsibility for all freight costs
b The buyer is responsible for all freight costs
c Shipping costs may be listed separately on the customer's invoice
d The seller may pay the freight charges directly, but invoices the buyer.
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Managerial Accounting An Introduction to Concepts Methods and Uses
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
11th edition
1111571260, 978-1111571269
