A document which identifies a vendor and confirms the quantity and price of goods identified in it is called a(n)
A) purchase requisition.
B) outline agreement.
C) purchase order.
D) scheduling agreement.

Question

Quizplus · Accepted Answer

A purchase order is a document that is generated by a buyer to authorize a purchase transaction. It includes details about the vendor, the goods to be purchased, the quantity of goods, the price of goods, and other terms and conditions of the transaction. A purchase order acts as a legally binding agreement between the buyer and seller.

A Document Which Identifies a Vendor and Confirms the Quantity