All of the Following Statements Related to Goods on Consignment

question 51

Multiple Choice

All of the following statements related to goods on consignment are true except:

• A) A consignee sells goods for the owner.
• B) Goods on consignment are goods provided by the owner, call the consignor.
• C) The consignor continues to own the consigned goods.
• D) The consignee reports the goods in its inventory until sold.
• E) The consignor reports the goods in its inventory until sold.

---

Definitions:

Impact Craters

Depressions on the surface of a planet or moon created by the collision with another celestial body.

Tectonic Activity

The movement and interaction of Earth's lithospheric plates, which can cause earthquakes, volcanic eruptions, and the formation of mountains.

Volcanic Activity

The process of magma rising to the Earth's surface, which can lead to eruptions, forming volcanoes and lava flows.

Impact Craters

Circular depressions on the surface of planets or moons formed by the collision with a meteorite, asteroid, or comet.