Tiffee Company identifies the following items for possible inclusion in the physical inventory. Indicate whether each item should be included or excluded from the inventory taking.
(a) 900 units of inventory shipped on consignment by Tiffee to another company.
(b) 3,000 units of inventory in transit from a supplier shipped FOB destination.
(c) 1,200 units of inventory sold but being held for customer pickup.
(d) 500 units of inventory held on consignment from another company.