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Free Exam: Accounting 12 Chapter 6 ALL

Number of Questions in Test: 58
Number of Questions in Preview: 5
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Question 1

The factor which determines whether or not goods should be included in a physical count of inventory is

Type: Multiple choice
Points: 1
Randomize answers: Yes

Question 2

If goods in transit are shipped FOB shipping point to a carrier named by the buyer

Type: Multiple choice
Points: 1
Randomize answers: Yes

Question 3

If goods in transit are shipped FOB destination

Type: Multiple choice
Points: 1
Randomize answers: Yes

Question 4

Merchandise inventory is

Type: Multiple choice
Points: 1
Randomize answers: Yes

Question 5

"Goods on Approval"

Type: Multiple choice
Points: 1
Randomize answers: Yes

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