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  3. Study Set
    Auditing and Assurance Services Study Set 1
  4. Exam
    Exam 18: Audit of the Acquisition and Payment Cycle: Tests of Controls and Substantive Tests of Transactions, and Accounts Payable
  5. Question
    A Written Purchase Order Is a Contractual Document That Is
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A Written Purchase Order Is a Contractual Document That Is

Question 42

Question 42

Multiple Choice

A written purchase order is a contractual document that is:


A) an offer to buy.
B) not enforceable if it is not in writing.
C) a binding agreement between purchaser and vendor.
D) an acceptance of a vendor's catalog offer to sell.

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