The advantage of consignment to the buyer is the ability to defer ownership and avoid committing working capital and incurring carrying charges.

Name: The advantage of consignment to the buyer is the ability to defer ownership and avoid committing working capital and incurring carrying charges.
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Question

Quizplus · Accepted Answer

Consignment allows the buyer to hold inventory without taking ownership until the goods are sold, thereby deferring the use of working capital and avoiding carrying costs such as storage and insurance.

The Advantage of Consignment to the Buyer Is the Ability