ACC 304 Course Great Wisdom / tutorialrank.com ACC 304 Course Great Wisdom / tutorialrank.com | Page 63

30.

What is consigned inventory?

a. Goods that are shipped, but title transfers to the receiver.

b. Goods that are sold, but payment is not required until the
goods are sold.

c. Goods that are shipped, but title remains with the shipper.

d. Goods that have been segregated for shipment to a customer.