Business documents

Business Documents

Importance and Preparation

Objectives

• Explain why documentation is necessary in business transactions;

• Prepare business documents for various purposes

  
  

A Clip

https://www.youtube.com/watch?v=yZCE47VisJw

Multiple Choice

Which of the term does NOT refer to "business documents?"

• All records, files, reports, or financial data.

• Official documents used in the transaction of business

• Files that provide details related to a company's internal and external transactions

• Books and files sold to a customer.

Business documents refers to

Files that provide details related to a company's internal and external transactions.

Multiple Choice

A walk in customer shows up at your store and claim that they bought a clock for cash that is not working. What business document would you mostly ask for?

• purchase order

• requisition form

• enquiry note

• sales invoice

Multiple Choice

All of the following are examples of business documents EXCEPT

• receipts

• invoice

• currency note

• promissory note

Examples of Business Documents

Promissory Note

This is a financial instrument that contains a written promise by one party (the note's issuer or maker) to pay another party (the note's payee) a definite sum of money, either on demand or at a specified future date.

Requisition Form

This is a document used within an organization when goods are needed from the stock room.

Requisition Form

Time to Research

• Research the following business documents and share your findings with the class.

• Catalogue

• Tender/Bid

• Quotation

• Purchase order

• Advice Note

• Delivery note

• stock card

• invoice

• Bank draft

• telegraphic money order

• Airway bill

• Bill of lading

Research and Share

Multiple Choice

Which of the following refers to an airway bill?

• A document used in the transportation of goods by air.

• A document used in the transportation of goods by ship.

• A document used in the transportation of goods by rail.

• A document used in the transportation of goods by road..

Importance of Business Documents

Graded - Classwork: Research and summarize three reasons business document are important.

End of Lesson

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