Consigned Goods
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Why are consigned goods not included in the physical inventory? Why would goods not present be determined in inventory? What impact does FOB shipping point and FOB destinations have on revenue recognition? Find a company, and find if this company uses FOB shipping point or FOB destination. Explain why a company would choose one method over the other.
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This solution provides detailed explanations for questions regarding consigned goods.
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- BA, Ain Shams University, Cairo Egypt
- MBA, California State University, Sacramento
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