Question

Match each feature to the type of Sales Transaction. Answer options may be used more than once or not at all.

1. It can be of expired status
2. Items are not a mandatory field
3. It can have status "Pending Approval"
4. It is intended as an internal record
A. Sales Order
B. Estimate/Quote
C. Opportunity

Answer 1

Each feature matches with a type of Sales Transaction: expired status is linked to an Estimate/Quote, items not a mandatory field relates to an Opportunity, 'Pending Approval' is associated with a Sales Order, and an internal record purpose fits an Opportunity.

Step-by-step explanation:

In order to match each feature to the correct type of Sales Transaction, we consider a Sales Order, an Estimate/Quote, and an Opportunity as the three options.

• It can be of expired status - This typically applies to a B. Estimate/Quote, as these have an expiration date after which they are no longer valid.
• Items are not a mandatory field - This is often the case with a C. Opportunity, where the specifics of the sale may not yet be determined.
• It can have status "Pending Approval" - This status is usually associated with a A. Sales Order, which may require managerial approval before it is finalized.
• It is intended as an internal record - Again, this best matches an C. Opportunity, which is a record used by the sales team to track potential sales but is not a commitment like an Estimate/Quote or a Sales Order.