Goods on consignment are
A) included in the consignee's inventory.
B) included in the consignor's inventory.
C) included in the consignee's revenue.
D) included in both the consignee's and the consignor's inventory.

Question

Quizplus · Accepted Answer

Goods on consignment remain the consignor's property until they are sold, so they should be included in the consignor's inventory rather than the consignee's. The consignee only reports a commission or fee earned on the sale.

Goods on Consignment Are