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CA CPT Model Test Paper 11 with solutions for online practice

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Question : 1

Total: 200

Which of the following statement is wrong:

Consignor is the owner of the consignment stock.
Del-credere commission is allowed by consignor to protect himself from bad debt.
Proportionate consignor's expenses is added up with consignment stock.
All proportionate consignee's expenses will be added up for valuation of consignment stock.

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