Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 37 - No. 24)
What is the purpose of a 'purchase order'?
To request payment for goods or services
To acknowledge receipt of goods
To authorize a supplier to provide goods or services
To record a sale
Explanation
A purchase order is a formal document issued by a buyer to a seller, indicating the types, quantities, and agreed prices for products or services the buyer intends to purchase.
Comments (0)
