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    Intermediate Accounting Study Set 5
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    Exam 9: Inventory and Cost of Goods Sold
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    Goods on Consignment Should Be Included in the Inventory of
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Goods on Consignment Should Be Included in the Inventory of

Question 55

Question 55

Multiple Choice

Goods on consignment should be included in the inventory of


A) the consignor but not the consignee.
B) the consignee but not the consignor.
C) both the consignor and the consignee.
D) neither the consignor nor the consignee.

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