When You Change a Purchase Quote to a Purchase Order,you

question 21

Multiple Choice

When you change a purchase quote to a purchase order,you cannot change -

• A)the purchase/quote number on the order
• B)the quantity ordered
• C)the amount or price on the order
• D)you can change any of these

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Definitions:

Current Asset

Assets likely to be converted into cash, sold, or consumed within a year or normal operating cycle, such as cash, inventory, and accounts receivable.

Converted To Cash

The process of liquidating assets or investments to obtain cash, often used to meet short-term financial obligations.

Investments

Assets acquired for the purpose of generating income or profit, including stocks, bonds, real estate, or other vehicles.

Total Dollar Amount

The complete or aggregate sum of money expressed in dollars, typically referring to a specific financial transaction or set of transactions.