Question 19
Purchase and Sale of GoodsA pro forma invoice is NOT required when
- A.quoting for the supply of goods
- B.goods are sent on approval
- C.dealing regularly with a customer
- D.final prices are uncertain.
Show the answer and explanation
Answer: C (dealing regularly with a customer)
Explanation
A pro forma invoice is used for quotations, goods on approval or advance payment; with a regular customer an ordinary invoice is enough.