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Which of the following statements is correct regarding goods in transit? Multiple choice question. Goods shipped FOB destination will be included in the buyer's inventory. Goods shipped FOB purchaser will be included in the buyer's inventory. Goods shipped FOB shipping point will be included in the buyer's inventory. Goods shipped FOB shipping point will be included in the seller's inventory.

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ogorwyne

The correct statement that was made about the goods in transit is that

  • Goods shipped FOB shipping point will be included in the buyer's inventory.

What are goods in transit?

This is a term that is used to refer to the goods that have left the warehouse of the seller.

The term goods in transit is used to refer to the goods and the inventory that have been sent out of the hands of the seller but they have not gotten to the buyer.

Read more on goods in transit here: https://brainly.com/question/24920251

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