The itemized statement of goods, prepared by a vendor and sent to the buyer, listing the customer's name, items sold, sales prices, and terms of the sale is called the
A)Purchase requisition.
B)Purchase order.
C)Invoice.
D)Receiving report.
E)Invoice approval.

Question

Quizplus · Accepted Answer

The description provided matches with the definition of an invoice. A purchase requisition is a request for goods or services, a purchase order is a document issued by a buyer to a seller indicating types, quantities, and agreed prices for products or services, a receiving report is a document used to record the quantity and condition of goods received from a supplier, and invoice approval is the process followed for verifying and approving invoice payments.

The Itemized Statement of Goods, Prepared by a Vendor and Sent