Difference between revisions of "F.O.B. shipping point"
(Created page with "F.O.B. shipping point is the agreement that the purchaser pays or is responsible for the shipping costs from seller's shipping point to purchaser's location. ==Definitio...") |
|||
| (One intermediate revision by the same user not shown) | |||
| Line 1: | Line 1: | ||
| − | [[F.O.B. shipping point]] is the agreement that the purchaser pays or is responsible for the shipping costs from seller's shipping point to purchaser's location. | + | [[F.O.B. shipping point]] is the [[agreement]] that the purchaser pays or is responsible for the shipping costs from seller's shipping point to purchaser's location. |
| Line 9: | Line 9: | ||
*[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]]. | *[[Accounting]] (alternatively known as [[accountancy]]) is management of [[financial data]], information, and knowledge about [[financial transaction]]s of [[legal entity|legal entiti]]es. [[Accountancy]] tends to include [[bookkeeping]] and, depending on a particilar enterprise, may also include [[quatitative analysis]] of [[financial data]] in the [[bookkeeping system]] and/or [[business intelligence]]. | ||
| − | ==Related | + | ==Related lectures== |
*[[Principles of Accounting]]. | *[[Principles of Accounting]]. | ||
| − | [[Category: Accounting]][[Category: Articles]] | + | [[Category: International Accounting]][[Category: Articles]] |
Latest revision as of 04:27, 8 December 2020
F.O.B. shipping point is the agreement that the purchaser pays or is responsible for the shipping costs from seller's shipping point to purchaser's location.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- F.O.B. shipping point. Purchaser pays or is responsible for the shipping costs from seller's shipping point to purchaser's location.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
