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Unformatted text preview: I was. Payroll is also something that I would need to know if I plan on being an employer someday. In the line of work that I deal with today, we use FOB for our shipping terms. It was interesting to see that this was an accounting term. I thought that it came from the world of logistics. I do not always get a chance to work with invoices or billings, but I do place orders and see the accounting terms being used when the orders are placed. I am walking away from this course with a better understanding of accounting and all it has to offer in the business world. This course has taught me about inventory and the difference between current assets and current liabilities. All of which can be applied when I own and run a business. Thank you Professor Cochran for a great and enjoyable term....
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This note was uploaded on 06/10/2010 for the course AC113 AC113 taught by Professor Cochran during the Spring '10 term at Kaplan University.
- Spring '10