Question on: SS3 Accounting - Contract Account - Terminologies Used

What is a contract?

View related lesson
A

A formal agreement between two or more parties outlining the terms and conditions of their relationship

B

An invoice requesting payment from a client

C

A purchase order authorizing a contractor to provide goods or services

D

A change order requesting a change to the original terms of the agreement

Ask EduPadi AI for a detailed answer
Correct Option: A

Add your answer

Notice: Please post responsibly.

Please share this, thanks!

No responses