Sales orders are calculated based on current selling prices of the items sold.The source of these prices, which would include the entire set of preestablished and approved prices for each product, is referred to as a(n):
A)Price list
B)Purchase order
C)Packing slip
D)Pick list

Question

Quizplus · Accepted Answer

The source of the current selling prices for sales orders is a price list, which contains preestablished and approved prices for each product. Purchase orders are used to order products from suppliers, packing slips are used to list the contents of a shipment, and pick lists are used to gather items from a warehouse for a specific order.

Sales Orders Are Calculated Based on Current Selling Prices of the Items