In accounting for sales on consignment, sales revenue and the related cost of goods sold should be recognized by the

a. consignor when the goods are shipped to the consignee.
b. consignee when the goods are shipped to the third party.
c. consignor when notification is received the consignee has sold the goods.
d. consignee when cash is received from the customer.


C

Business

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A) integrating data into customer relationship. B) knowing amount paid by consumers in different countries. C) understanding which customers are most valuable. D) assessing the use of credit cards for payment. E) knowing the use of laptop computers by customers.

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If goods are already in transit when a buyer breaches, the seller may not stop their delivery

Indicate whether the statement is true or false

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When one company owns more than 50% of another company's voting stock and has control over the investee company, the investee is called the ________.

What will be an ideal response?

Business

Which of the following is a support activity?

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Business