Which one of the following statements best describes the purpose of a purchase order? A It is issued to a supplier to request supply of goods from them on terms specified within the order It is issued to a customer to confirm the supply of goods to them on terms specified in the order B It is issued to a supplier as notification of payment D It confirms the price that will be charged by a supplier for goods supplied
Which one of the following statements best describes the purpose of a purchase order? A It is issued to a supplier to request supply of goods from them on terms specified within the order It is issued to a customer to confirm the supply of goods to them on terms specified in the order B It is issued to a supplier as notification of payment D It confirms the price that will be charged by a supplier for goods supplied
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Which one of the following statements best describes the purpose of a purchase order?
It is issued to a supplier to request supply of goods from them on terms specified
within the order
A
It is issued to a customer to confirm the supply of goods to them on terms specified
in the order
В
It is issued to a supplier as notification of payment
It confirms the price that will be charged by a supplier for goods supplied
C
D
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