Goods that have been purchased FOB destination but are in transit, should be excluded from a physical count of goods.

Name: Goods that have been purchased FOB destination but are in transit, should be excluded from a physical count of goods.
Brand: Quizplus
Rating: 4.9 (56 reviews)

Question

Quizplus · Accepted Answer

Goods purchased FOB destination are included in the buyer's inventory only when they reach the buyer's location. Therefore, they should be excluded from the physical count while in transit.

Goods That Have Been Purchased FOB Destination but Are in Transit