Business Documents

Business Documents

Assessment

Flashcard

Business

11th Grade

Hard

Created by

Wayground Content

FREE Resource

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44 questions

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1.

FLASHCARD QUESTION

Front

________ is a document issued by seller showing details, quantities and prices of goods supplied.

Back

Invoice

2.

FLASHCARD QUESTION

Front

_________ is shown as a deduction on the invoice.

Back

Trade Discount

3.

FLASHCARD QUESTION

Front

_______ is only allowed if the invoice is paid within a set time limit.

Back

Cash Discount

4.

FLASHCARD QUESTION

Front

_________ is a document issued by a purchaser of goods on credit to request a reduction in the invoice received.

Back

Debit Note

5.

FLASHCARD QUESTION

Front

________ is a document issued by a seller of goods on credit to notify of a reduction in an invoice previously issued.

Back

Credit Note

6.

FLASHCARD QUESTION

Front

__________ is a document issued by the seller of goods on credit to summarise the transactions for the month.

Back

Statement of Account

7.

FLASHCARD QUESTION

Front

Where there has been an overcharge on an invoice, the supplier may issue a __________ to the buyer.

Back

Credit Note

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