Assignment
I. The process of supplying goods or service from the enquiry stage to the eventual payment is called A TRANSACTION.
II. What is the difference between a letter of enquiry and a quotation?
III. List Three different types of discounts and explain how each of them work.
IV. State the difference between a purchase order and a requisition, using examples to explain.
V. Why are advice notes and delivery notes important? State the difference between the two documents
VI. What is an invoice? State three important pieces of information that can be found on an invoice.
VII. Outline the difference between an invoice and a pro forma invoice
VIII. Outline three reasons why are business documents important? (See page 159)
IX. What is an acknowledgement of order and why is it necessary?
X. What is the purpose of the statement of account?
SUMMARY TABLE
For each document listed below state the importance and list at least three important pieces of information that should be included in each.
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BUSINESS DOCUMENT
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IMPORTANCE
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INFORMATION INCLUDED
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Letter of enquiry
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Quotation
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Purchase Order
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Advice Note
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Delivery Note
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Invoice
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Pro- forma Invoice
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Requisition
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Stock Card
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Debit Note
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Credit Note
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Statement of Account
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Format your assignment according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.