Multiple Choice
Consignment goods are:
A) Goods shipped by the owner to the consignee who sells the goods for the owner.
B) Reported in the consignee's books as inventory.
C) Goods shipped to the consignor who sells the goods for the owner.
D) Not reported in the consignor's inventory since they do not have possession of the inventory.
E) Always paid for by the consignee when they take possession.
Correct Answer:

Verified
Correct Answer:
Verified
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