All of the Following Statements Related to Goods on Consignment

question 171

Multiple Choice

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

• A) Goods on consignment are goods provided by the owner, call the consignor.
• B) A consignee sells goods for the owner.
• 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.

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Definitions:

Nucleus

Membrane-bound organelle within a eukaryotic cell that contains chromosomes and controls the structure and function of the cell.

Ribosomes

Cellular organelles that function as the site of protein synthesis, reading mRNA and assembling amino acids into proteins.

Ascocarp

The fruiting body of ascomycete fungi, where the spores, called ascospores, are produced within sac-like structures called asci.

Sporangium

Structure that produces spores.