A ______ is a customer order that a company accepts in one period but promises to deliver at a later point in time.
A)delivery order
B)return order
C)backorder
D)buyback order

Question

Quizplus · Accepted Answer

A backorder is a customer order that a company accepts but is unable to fulfill at the time the order is placed. The company accepts the order and promises to deliver the product at a later time when it becomes available. Option A (delivery order) refers to an order that is ready for delivery or has already been delivered. Option B (return order) refers to a customer returning a product to the company. Option D (buyback order) refers to a company repurchasing its own stock from investors.

A ______ Is a Customer Order That a Company Accepts