Transaction Documents Flashcards

1
Q

COD

A

pay for goods on delivery rather than before

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

e&oe

A

a disclaimer on an invoice showing that the supplier is attempting to reduce legal liability

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

t&c

A

restrictions or statements

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

terms

A

by which payment should be made

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

purchase order

A

legally binding document that shows the agreed time and price of goods

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

invoice

A

supplier requesting payment for goods

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

credit note

A

voucher for refunds or if goods are damaged

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

statement of account

A

issued by supplier showing all transactions

How well did you know this?
1
Not at all
2
3
4
5
Perfectly