Which of the following arrangement of documents is the co...
Which of the following arrangement of documents is the correct sequence as used in the retail trade? i. Quotation ii. Enquiry iii.Order iv Invoice
i,ii,iii,iv
ii,i,iii,iv
i,iv,iii only
i,iii,iv only
Correct answer is B
The sequence goes thus; enquiry => quotation => order => invoice
A buyer sends an enquiry to the seller asking about the goods he wants to purchase
The seller send the buyer a quotation containing products description, prices etc
The buyer then places an order
The seller sends an invoice to the buyer as prove of a business transaction
Penalty imposed by a ship owner for exceeding the period charter is ...
A symbol that is used to distinguish a company's product from others is a ...
A del credere agents is distinguished from other agent in that he? ...
A merchant wholesaler is one who? ...
Which of the following is not true of air transport? ...
Which of the following documents is used to advertise shares to the public? ...
Which of the following would best be conveyed by rail transport ...
Which of these management functions involves checking performance against set standards? ...
The three components of a country's balance of payments are? ...