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If your goal is to create a positive impression, which of the following should you NOT do?
Consignor
The party in a consignment agreement that provides goods to another party (consignee) to sell on their behalf, retaining ownership until the goods are sold.
Consignee
The individual or entity to whom goods are shipped and who is responsible for receiving the shipment and completing any customs paperwork.
Ending Inventory
The value of goods that remain unsold at the end of an accounting period.
Cost Flow Assumption
An accounting method used to value inventory and determine the cost of goods sold, such as FIFO (First In, First Out) or LIFO (Last In, First Out).
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