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what are the incoterms that is mentioned in question 7 of the tips ( global variant ) ?
also are these covered in the course notes in details ?
lastly – how accurate are the tips ?
Incoterms are international “rules” governing the passing of ownership ( and therefore risk ) in the context of an international sale of goods.
They ARE covered in the notes but, as with all the F4 notes, should you wish to know more about them, look them up in a study text, internet and certainly read the Student Accountant article from last year (?) which identifies the revised new terms
How accurate are the tips? If I could categorically claim accuracy, I wouldn’t still be lecturing – I would enter and win the national lottery! Of course I cannot claim accuracy – they are merely my best guesses
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