All of the Following Statements Related to Goods on Consignment

Multiple Choice

All of the following statements related to goods on consignment are true except:

A) A consignee sells goods for the owner.
B) Goods on consignment are goods provided by the owner, call the consignor.
C) The consignor continues to own the consigned goods.
D) The consignee reports the goods in its inventory until sold.
E) The consignor reports the goods in its inventory until sold.