Store Management May/June 2015

Question 4

  1. Explain the following documents:

    (a)      waybill;
    (b)      consignment note;
    (c)       credit note;
    (d)       proforma invoice;
    (e)       receipts.

Observation

This question was well attempted and the performance was fair. The major difficulty observed in the candidates’ response to the question was in the explanation of proforma invoice.

Proforma invoice: this is an estimated invoice sent by a seller to a buyer in advance of a shipment or delivery of goods. It shows the kind and quantity of goods, their value and other important information such as weight and transportation charges.