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
A. i,ii,iii,iv B. ii,i,iii,iv C. i,iv,iii only D. i,iii,iv only
Correct Answer: B
Explanation
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
