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How Is a Purchase Order Different from a Bill

Question 1

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How is a Purchase Order different from a Bill?


A) Purchase Order - records a fulfilled order of purchased products from a vendor. Bill - mailed by the vendor once the order has been approved by a company.
B) Purchase Order - record of an order to purchase products from a vendor. Bill - received when a purchase order has been fulfilled and received by a company.
C) Purchase Order - preliminary pricing of items ordered. Bill - received when a purchase order has been fulfilled and received by a company.
D) Purchase Order - record of an order to purchase products from a vendor. Bill - record collection of the customer's payment.

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