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O-LevelCommerceCredit7100/11 · Oct/Nov 2019 · Q131 Mark

Which is the correct sequence of using commercial documents when buying on credit?

Aorder → quotation → invoice → statement

Border → statement → invoice → quotation

Cquotation → order → invoice → statement

Dstatement → quotation → order → invoice

✓ Correct answer

C: quotation → order → invoice → statement

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About this question

Topic: Credit, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2019 Paper 1 Variant 1, question 13.

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