Indicate Whether Each of the Following Statements Is True or False

Indicate whether each of the following statements is true or false.
_____ a) The freight terms FOB shipping point increase the cost of inventory to the buyer.
_____ b) The term FOB means that goods are shipped free of charge to buyer and seller.
_____ c) FOB shipping point means that purchaser's responsibility ends at shipping point.
_____ d) FOB destination means that seller's responsibility ends at destination.
_____ e) When the seller of merchandise records freight under the terms FOB shipping point, the seller records an expense.