Question: How should goods being held on consignment be treated in inventory counts? The consignee must report these items in its inventory until sold. The consignor

How should goods being held on consignment be treated in inventory counts? The consignee must report these items in its inventory until sold. The consignor must report these items in its inventory until sold. Goods held on consignment are not reported in inventory by either the consignee or the consignor. Both the consignor and consignee must report goods held on consignment in the inventory None of the above

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