When You Convert a Purchase Quote to a Purchase Order

question 10

Multiple Choice

When you convert a purchase quote to a purchase order you can edit all of the following except -

• A) the shipping date
• B) the quantity ordered
• C) the quote/order number
• D) the unit price for the ordered items

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Definitions:

Quarterly Compounding

The process of calculating interest on both the initial principal and the accumulated interest over four periods within a year.

Semi-Annually

Occurring twice a year; typically referring to the frequency at which interest is paid or calculated.

Future Value

The amount of money an investment is expected to grow to over a period of time, assuming a specific interest rate.

Rates of Return

The positive or negative financial outcome of an investment over an agreed-upon period, expressed as a percent of the investment's initial outlay.