TLE Q3 Quiz

What is the purpose of a Sales Order (SO)?

• To track employee sales performance

• To place an order with a supplier

• To issue a refund to a customer

• To confirm and process an order placed by the customer

Which tool is typically used to organize data in a canvass sheet?

• Word processor

• Calculator

• Graphic design software

• Spreadsheet software like Excel

What does a canvass sheet allow businesses to do easily?

• Organize inventory stock

• Compare different pricing and options from suppliers

• Negotiate salaries with employees

• Find new customers

What type of information is usually compared on a canvass sheet?

• Product prices, quantities, and terms

• Weather forecasts

• Company financials

• Employee feedback

What is typically included in the RFQ to ensure suppliers provide accurate quotes?

• A completed contract agreement

• Details about other suppliers' prices

• A sample invoice

• Clear specifications and quantities for the requested items

What is the main purpose of a Purchase Order (PO)?

• To deliver goods to the customer

• To place an order for goods or services with a supplier

• To negotiate prices with suppliers

• To request payment from the supplier

Who generates a Sales Order?

• The shipping department

• The customer

• The sales department or representative

• The purchasing department

What happens if the RFQ does not include clear item descriptions?

• The suppliers will refuse to submit any quotes

• Suppliers may submit incomplete or incorrect quotes

• Suppliers may provide accurate quotes anyway

• The RFQ process is completed more efficiently

What is the primary purpose of a Request for Quotation (RFQ)?

• To purchase products directly from a supplier

• To elicit quotations for a product or service

• To request a refund from a supplier

• To cancel an order

What is the study of seismic waves known as?

• Seismology

• Geology

• Meteorology

• Oceanography