Lazio Company, SpA identifies the following items for possible inclusion in the taking of a physical inventory. Indicate whether each item should be included or excluded from the inventory taking.
(a) Goods shipped on consignment by Lazio to another company.
(b) Goods in transit from a supplier shipped FOB destination.
(c) Goods sold but being held for customer pickup.
(d) Goods held on consignment from another company.