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    Financial Accounting
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    Exam 6: Reporting and Analyzing Inventory
  5. Question
    Goods Held on Consignment Are
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Goods Held on Consignment Are

Question 64

Question 64

Multiple Choice

Goods held on consignment are


A) never owned by the consignee.
B) included in the consignee's ending inventory.
C) kept for sale on the premises of the consignor.
D) not included in anyone's ending inventory.

Correct Answer:

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