BUSINESS ADMINISTRATION
OFFICE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Detailed explanation-1: -An invoice is an itemized commercial document that records the products or services delivered to the customer, the total amount due, and the preferred payment method. The seller can send either paper or electronic invoices to the customer.
Detailed explanation-2: -Vendor invoices are requests for payment for products and services. Vendor invoices might represent a bill for ongoing services, or they can be based on purchase orders for specific items and services.
Detailed explanation-3: -An invoice payment is a scheduled payment a customer makes toward the balance of goods and services rendered. An invoice is a document showing details of any goods or services sold and requests an amount payable for these services.