MB6-701 · Question #32
A corporate customer at your retail store frequently requests a written sales quotation for large purchases in order to get approval for special pricing or discounts from your corporate office. The…
The correct answer is C. Create a sales quotation, invoice the quotation, and then convert the quotation to a sales. See the full explanation below for the reasoning.
Question
A corporate customer at your retail store frequently requests a written sales quotation for large purchases in order to get approval for special pricing or discounts from your corporate office. The quotation must go through an approval process, which can take anywhere from several days to several weeks, to determine agreed-upon pricing. The customer returns to the store once the quotation is confirmed, and the sales transaction can then be completed, charging the quoted sales prices. Your company wants to use Enterprise point of sale (ePOS) to help manage this process. You need to ensure that no pricing discrepancies occur between quotation approval and sales order payment. What should you do?
Options
- ACreate a sales quotation and collect the deposit against the quotation.
- BCreate a sales quotation and convert the quotation to a sales order for payment processing
- CCreate a sales quotation, invoice the quotation, and then convert the quotation to a sales
- DCreate a sales quotation, convert it to a sales order, and suspend the sales order.
How the community answered
(38 responses)- A3% (1)
- B5% (2)
- C76% (29)
- D16% (6)
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