Would you want the terms to be fob shipping point or fob

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Reference no: EM13137471

Develop a brief answer to each of the following questions:

1. Can a company have a “negative” financing period?

2. If you sold goods to a company in Europe and the exchange rate for the dollar is declining as it relates to the euro, would you want the eventual payment to be made in dollars or euros?

3. Who as ultimate responsibility for safeguarding a company’s assets with a system of internal control?

4. Assume a large shipment of uninsured merchandise to you company is destroyed when the delivery truck has an accident and burns. Would you want the terms to be FOB shipping point or FOB destination?

Reference no: EM13137471

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