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    Intermediate Accounting Study Set 9
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    Exam 8: Valuation of Inventories: a Cost-Basis Approach
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    Goods on Consignment Are
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Goods on Consignment Are

Question 70

Question 70

Multiple Choice

Goods on consignment are


A) included in the consignee's inventory.
B) included in the consignor's inventory.
C) included in the consignee's revenue.
D) included in both the consignee's and the consignor's inventory.

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