Which is generally a merchandiser major cost

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Problem 1: Which of the following does "FOB Shipping Point" mean?

A) The seller pays the transportation costs.

B) The buyer pays the transportation costs.

C) Both A and B are true

D) Neither A nor B are true

Problem 2: Which of the following does "FOB Destination" mean?

A)The seller pays the transportation costs.

B) The buyer pays the transportation costs.

C) Both A and B are true

D) Neither A nor B are true

Problem 3: Which of the following is generally a merchandiser's major cost?

A) Cost of goods sold

B) Salary expense

C) Buildings

D) Advertising

Reference no: EM132792946

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