IDPX - PRACTICE TEST QUESTIONS with correct answers

When does the designer transfer all warranties and manuals? Answer when the designer is the seller of the goods when goods are shipped FOB destination, who has the title to them while in transit? Answer the seller when goods are shipped FOB factory, who has the title to them while in transit? Answer the buyer (transfer when goods leave the manufacturer/seller) what is involved in the parameter method of costing? Answer an expanded itemization of construction quantities and furnishings and assignment of unit costs to these quantities. With this type of budgeting, it's possible to evaluate the cost implication of each building component and to make decisions concerning quantity and quality that meet the original budget estimate what is matrix costing? Answer a technique in which a matrix is drawn with various alternatives and the individual elements that combine to make up the total cost of the alternatives. what term describes the furniture sales agreement between the client and interior designer? Answer a propsal The risk for furniture being damaged during shipment is assigned by the ______ Answer Uniform Commercial Code (UCC)