Key Terms: Chapter 5 Flashcards
1
Q
EDI
A
Electronic Data Interchange
Is a system for ordering goods & services
Using secure private computer links.
2
Q
e_Commerce
A
Buying and Selling on the Internet by businesses & personal customers.
3
Q
Purchase order
A
A document issued and authorised by the buyer of goods and services
Sent to the seller
Indicating the goods or services required.
4
Q
Delivery Note
A
A document listing and accompanying the goods sent to the purchaser
5
Q
Goods received note
A
A document used by purchasers to record receipt of inventory (stock) and any returns made.
6
Q
Returns note
A
A document sent to the supplier with any faulty goods.
7
Q
Credit note
A
A document issued by the seller of goods or services to the purchaser reducing the amount owing.
