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O-LevelCommerceFinance7100/11 · Oct/Nov 2016 · Q121 Mark

In which order are trade documents most likely to pass between a buyer and a seller?

Aquotation → invoice → order → cheque → statement
Bquotation → invoice → order → statement → cheque
Cquotation → order → invoice → cheque → statement
Dquotation → order → invoice → statement → cheque

✓ Correct answer

D: quotation → order → invoice → statement → cheque

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About this question

Topic
Finance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2016 Paper 1 Variant 1, question 12.

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