Appendix 4
Solutions to Payment Due Dates Self-Quiz
Invoice #1
| Contract data | Items orderedPayment periodAcceptance periodOther contract provisions | General goods or services(30 days)(7 days) |
| Invoice data | Method of invoice deliveryVendor invoice dateInvoice received (date-stamped)Date defective invoice returnedDate corrected invoice received | MailMay 1May 3 |
| Delivery data | Actual delivery of goods/servicesPlus acceptance periodConstructive acceptanceActual acceptanceEarlier of constructive or actual | April 25(+7)(May 2)April 27(April 27) |
| Start dateDue date | Later of acceptance or invoice receiptPlus payment periodPayment due date | (May 3)(+30)(June 2) |
Invoice #2
| Contract data | Items orderedPayment periodAcceptance periodOther contract provisions ... |
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