Multiple choice

With reference to consignment, which of the following is correct?

  1. A sales invoice is sent by consignor

  2. A proforma invoice is sent by consignee

  3. As sales invoice is sent by consignee

  4. A proforma invoice is sent by consignor
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

 Consignor sends the proforma invoice to the consignee instead of actual invoice. The object of proforma invoice is only to convey information to the consignee regarding the particulars of the goods sent.

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