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Author Question: Which of the following costs should be included in the inventory account when inventory is purchased ... (Read 41 times)

newyorker26

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  • Posts: 536
on: Jul 5, 2018
Which of the following costs should be included in the inventory account when inventory is purchased FOB shipping point?
 
  A) insurance while the merchandise is in transit
  B) the cost of the warehouse
  C) the advertising costs
  D) the cost of merchandise returned

Question 2

According to the 2012 Report to the Nation on Occupational Fraud and Abuse, frauds are more likely to be detected by:
 a. Audits
  b. internal controls
  c. Managers
  d. Tips


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kjohnson

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Reply #1 on: Jul 5, 2018
Answer to Question 1

A

Answer to Question 2

D


newyorker26

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  • Posts: 536
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

bitingbit

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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