. The request for quotation differs from the purchase order in that the: A. Requ
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Question
. The request for quotation differs from the purchase order in that the:
A. Request for quotation is merely a request for information, while the purchase order is the actual form used to order merchandise
B. Request for quotation is asking for list or market price, while the purchase order is requesting the actual purchase price of merchandise
C. Purchase orders specify actual delivery dates, while the request for quotations allows more flexibility on delivery items
D. Purchase order must be prepared by a purchasing clerk, while the request for quotations must be handled by an account clerk
Explanation / Answer
The request for quotation differs from the purchase order in that the request for quotation is that seeking information about some of the products and their prices and it happens when dealing with unknown or new seller and want to know about the price of the required products, while purchase order is ordering the require merchandise
Request for Quotation involves more than price ,that is specification of product and break up of the price, payment terms, quality and contract terms
And as per above explanation Option A is correct, that is request for quotation is seeking the information and purchase order is actual form used for merchandise
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