Waterman Corporation (the customer) orders 100 rolls of wrap-n-seal tape from TESCO. After this order is entered into TESCO's revenue cycle system, TESCO would call it a:
A) Purchase Order
B) Customer Statement
C) Sale Invoice
D) Sale Order
E) Purchase Requisition

Question

Quizplus · Accepted Answer

A Sale Order is created by the seller (TESCO) when a customer (Waterman Corporation) places an order for goods or services. It confirms the details of the order before the goods are delivered or services are provided.

Waterman Corporation (The Customer) Orders 100 Rolls of Wrap-N-Seal Tape