Commerce JAMB

A pro forma invoice is sent to inform a buyer about the?

A. quantity of goods
B. price of goods
C. designation of goods
D. quality of goods

Correct Answer:

Option B – price of goods

Explanation

A pro forma invoice is a preliminary bill of sale sent to buyers in advance of a shipment or delivery of goods. The invoice will typically describe the purchased items and other important information such as the shipping weight and transport charges. Pro forma invoices streamline the sales process. Your customer agrees to the price on the pro forma invoice, and then you deliver the goods. There’s no back and forth after you’ve fulfilled your end of the bargain as it’s all agreed up front.

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