Match the following terms with the appropriate definition.
-An owner of goods who ships them to another party who will then sell the goods for the owner.
A)Gross profit method
B)Inventory turnover
C)Conservatism principle
D)Consistency concept
E)Consignor
F)Consignee
G)Days' sales in inventory
H)Retail inventory method
I)Specific identification method
J)Lower of cost or market

Question

Quizplus · Accepted Answer

The consignor is the owner of goods who sends them to another party (the consignee) to be sold on their behalf.

Match the Following Terms with the Appropriate Definition