Listed below are four terms followed by a list of phrases that describe or characterize the terms.Match each phrase with the best term placing the letter designating the term in the space provided.
-_____ Indicates that title to inventory transfers from the seller to the buyer once it reaches the buyer.

Question

Quizplus · Accepted Answer

FOB destination indicates that title to inventory transfers from the seller to the buyer once it reaches the buyer. FOB shipping point indicates that title to inventory transfers from the seller to the buyer once it leaves the seller's shipping dock. Periodic inventory system and perpetual inventory system are methods of tracking inventory and not related to title transfer.

Listed Below Are Four Terms Followed by a List of Phrases