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Which of the following is not a characteristic of FOB Shipping Point? A. The buyer pays for shipping. B. The buyer owns goods in transit. C. The point of transfer is when the goods leave the seller’s place of business. D. The point of transfer is when the goods arrive at the buyer’s place of business. | Numerade
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SOLVED: The company you work for uses FOB shipping point for all their sales. Inventory is usually shipped one week after the item was ordered. It is late December, and your company has had a great year with profits already beating expectations. Your manager tells you to delay shipment until January on any new orders, so that the revenue will be reflected on next year's financial statements. Do you agree or disagree with the manager's decision of when to ship goods to customers and record the
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