POs and Invoices

What document is sent from a buyer to a seller to request an order of goods or services?

• Invoice

• Purchase Order

• Receipt

• Packing Slip

Which of the following is NOT typically included in a purchase order?

• Quantity of Goods

• Payment Terms

• Customer Reviews

• Packing Slip

In the purchase order process, who is the party requesting the goods?

• Buyer

• Seller

• Manufacturer

• Distributor

When should a seller typically send an invoice to the buyer after goods have been shipped?

• Before Shipping

• Along with Goods

• After the buyer receives the goods

• Immediately upon receiving the purchase order

What does an invoice typically request from the buyer?

• Payment for goods and services

• Customer feedback

• Return of goods

• Additional Services

Which document serves as proof of the delivery of goods from the seller to the buyer?

• Invoice

• Receipt

• Purchase Order

• Packing Slip

In the purchase order and invoice process, what purpose does a packing slip serve?

• Request of Goods

• Payment Confirmation

• Proof of Delivery

• Order Cancellation

Which party is responsible for creating and sending an invoice?

• Buyer

• Seller

• Manufacturer

• Distributor

What is the primary function of a purchase order?

• Request Payment

• Provide customer Feedback

• Confirm customer feedback

• Schedule Delivery

How are discrepancies between a purchase order and an invoice resolved in the purchasing process?

• Automatic acceptance of the invoice

• Contacting the seller for clarification

• Ignoring the discrepancies

• Cancelling the purchase order