CompTIA Project+ (PK0-004) — Question 191

As part of the early stages of a potential corporate acquisition, which of the following documents should the acquiring organization complete, showing regulators and investors the offered purchase price and target closing date?

Answer options

• A. Sales contract
• B. Memorandum of agreement
• C. Letter of intent
• D. Purchase order

Correct answer: A

Explanation

The correct answer is A, as a Sales contract formalizes the terms of the acquisition, including the purchase price and closing date. The other options do not serve this specific purpose: a Memorandum of agreement outlines mutual intentions, a Letter of intent indicates preliminary interest, and a Purchase order is typically used for buying goods or services, not for corporate acquisitions.