Question

Consignment goods are: Multiple Choice Goods shipped to the consignor who sells the goods for the owner. Always paid for by the consignee when they take possession. Reported in the consignee's books as inventory. Goods shipped by the owner to the consignee who sells the goods for the owner. Not reported in the consignor's inventory since they do not have possession of the inventory.

Answer 1

Answer:  Goods shipped by the owner to the consignee who sells the goods for the owner.

Explanation:

In a Consignment type of sale, a dealer known as a Consignee sells goods on behalf of the owner of the goods who is known as the Consignor.

The Consignor will always maintain ownership of the goods until sale which means that whatever the Consignee does not sell goes back to the Consignor/ owner.

As already inferred, the goods to be sold on consignment will be shipped by the owner to the consignee who will then sell the goods for the owner.