In Performing a Stocktake Care Must Be Taken with Goods

In performing a stocktake care must be taken with goods in transit. Which of these statements is true?

A) Stock on consignment is regarded as sold by the consignor.
B) Stock on consignment is included in the stock of the consignor.
C) Goods in transit should be included in both the purchasers and the seller's inventory.
D) Stock on consignment is included in the stock of the consignee.