ACCT 100 Week 8 Discussion | Assignment Help | american-public-university-system

ACCT 100 Week 8 Discussion | Assignment Help | american-public-university-system

Week 8 Forum

Please select and discuss one of the following issues:

•           Describe FOB shipping point and FOB destination. When does the buyer take ownership of the goods, and who typically pays the freight?

•           Discuss the materiality concept. Is the dollar amount that is material the same for a company that has annual sales of $10,000 compared with a company that has annual sales of $1,000,000?

•           Explain the three basic components of internal controls.

Your initial post must be in your own words and be supported with a reference.  Post at least two peer responses further discussing and exploring the materials covered this week.

 

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