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Home Q & A Board Other Fields Homework Help Business Accounting
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ken80 ken80
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2 years ago
At what point do most companies recognize liabilities in the acquisition and payment cycle when the goods are shipped FOB destination?

▸ when the purchase order is issued

▸ when the vendor acknowledges receipt of the order

▸ when the goods or services are received

▸ when the vendor invoice is received
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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yoyoguyyoyoguy
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2 years ago
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ken80 Author
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2 years ago
Helped a lot
Transonic
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Yesterday
You make an excellent tutor!
patyfeitosa
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2 hours ago
Thank you, thank you, thank you!
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