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Week 8 Questions Bar & Beverage[1]

Week 8 Questions Bar & Beverage[1] - 1...

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1. What would your policy be on the quality of well brands and the variety  of brands offered? Gives reasons for your decisions? a.   2. Do you live in a control state or a license state? How does this affect  purchasing? a.  I live in Indiana and it is a license state. Alcoholic beverages are  sold to retailers by a number of whole sale liquor distributors.   3. Explain the relationship between the purchases order, the invoice, and  the credit memo. a.  A purchase order is a buyer’s document specifying merchandise  ordered, a invoice is a seller’s document that specifies what goods  were delivered as part of a customer’s order, and the credit memo is  a seller’s document crediting a buyer for short, broken, or otherwise  unsatisfactory merchandise or mistakes on a invoice.  4.
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