Consignment Goods Are

Multiple Choice

Consignment goods are:

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