Question: Goods on consignment are: Multiple Choice Reported in the consignee's books as inventory. Goods shipped to the consignor who sells the goods for the owner.
Goods on consignment are:
Multiple Choice
Reported in the consignee's books as inventory.
Goods shipped to the consignor who sells the goods for the owner.
Goods sent by the owner to the consignee who sells the goods for the owner.
Always paid for by the consignee when they take possession.
Not reported in the consignor's inventory since they do not have possession of the inventory.
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