logo

CuriousTab

CuriousTab

Discussion


Home Interview Accounting and Finance See What Others Are Saying!
  • Question
  • What is the meaning of invoice?


  • Correct Answer
  • An invoice or bill is a commercial document issued by a seller to the buyer, indicating the products, quantities, and agreed prices for products or services the seller has provided the buyer An invoice indicates the buyer must pay the seller, according to the payment terms In the rental industry, an invoice must include a specific reference to the duration of the time being billed, so rather than quantity, price and discount the invoicing amount is based on quantity, price, discount and duration Generally speaking each line of a rental invoice will refer to the actual hours, days, weeks, months etc being billed From the point of view of a seller, an invoice is a sales invoice From the point of view of a buyer, an invoice is a purchase invoice The document indicates the buyer and seller, but the term invoice indicates money is owed or owing In English, the context of the term invoice is usually used to clarify its meaning, such as "We sent them an invoice" (they owe us money) or "We received an invoice from them" (we owe them money) 


  • More questions

    • 1. What is CRR rate?
    • Discuss
    • 2. Which among the following are not access Specifiers in C++?

    • Options
    • A. Public
    • B. Protected
    • C. Default
    • D. Private
    • Discuss
    • 3. In which year, the first bank of India "Bank of Hindustan" was established ?

    • Options
    • A. 1677
    • B. 1770
    • C. 1796
    • D. 1831
    • Discuss
    • 4. What could be the bucket size if collision and overlapping occur at same time?

    • Options
    • A. 2
    • B. 0
    • C. 1
    • D. 4
    • Discuss
    • 5. Default constructor accepts how many arguments?

    • Options
    • A. one
    • B. two
    • C. three
    • D. None
    • Discuss
    • 6. What are the mandatory part to present in function pointers?

    • Options
    • A. &
    • B. retrun values
    • C. data types
    • D. none of these
    • Discuss
    • 7. Which of the following can derived class inherit?

    • Options
    • A. members
    • B. functions
    • C. both a & b
    • D. None of the above
    • Discuss
    • 8. What kind of object is modifying sequence algorithm?

    • Options
    • A. Function template
    • B. Class template
    • C. Method
    • D. None of these
    • Discuss
    • 9. Fixed Foreign Exchange rate can be changed by

    • Options
    • A. SEBI
    • B. Ministry of Finance
    • C. RBI
    • D. All of the above
    • Discuss
    • 10. The shortcut key to quit from tally is

    • Options
    • A. CTRL + Q
    • B. CTRL + ESC
    • C. CTRL + T
    • D. CTRL + P
    • Discuss


    Comments

    There are no comments.

Enter a new Comment