Which document confirms that a quotation has been accepted?

Which document confirms that a quotation has been accepted?

• A. An order
• B. A quotation
• C. An invoice
• D. A remittance advice

Answer: (A)

Acceptance of a quotation is formed when the buyer issues a purchase order referencing that quotation. The purchase order is the formal document that signals agreement to the quoted price and terms and creates a binding instruction to fulfill the order. The invoice comes later to request payment after delivery, and remittance advice is simply payment notification. So the document that confirms the quotation has been accepted is the order.

Acceptance of a quotation is formed when the buyer issues a purchase order referencing that quotation. The purchase order is the formal document that signals agreement to the quoted price and terms and creates a binding instruction to fulfill the order. The invoice comes later to request payment after delivery, and remittance advice is simply payment notification. So the document that confirms the quotation has been accepted is the order.