Who generates a Sales Order?

• The shipping department

• The purchasing department

• The sales department or representative

• The customer

What format is most commonly used to create a canvass sheet?

• A presentation slide

• A handwritten document

• A spreadsheet or table

• A PDF File

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

• To request a refund from a supplier
  
  

• To purchase products directly from a supplier

• To elicit quotations for a product or service

• To cancel an order

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

• Company financials

• Product prices, quantities, and terms

• Weather forecasts

• Employee feedback

What does an RFQ allow a company to easily do?

• Choose a vendor based on a personal recommendation
  
  

• Ask for payment terms from suppliers

• Compare quotes from different vendors

• Buy products from the lowest bidder

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

• Graphic design software

• Spreadsheet software like Excel

• Word processor

• Calculator

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

• Clear specifications and quantities for the requested items
  
  

• A completed contract agreement

• A sample invoice

• Details about other suppliers’ prices

What is the primary purpose of a Goods Receipt Note (GRN)?

• To record the delivery of goods to the supplier
  
  

• To generate an invoice for the customer

• To acknowledge receipt of goods and confirm they match the purchase order

• To authorize the shipment of goods to a customer

What is the main purpose of a canvass sheet?

• To plan a business event

• To compare quotes or prices from different suppliers

• To track employee attendance

• To create a marketing strategy

When is a canvass sheet most commonly used?

• Before launching a product

• When creating marketing campaigns

• When preparing an annual report

• When comparing quotes from vendors for a purchase