Financial Documents

Financial Documents

9th - 11th Grade

22 Qs

quiz-placeholder

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Financial Documents

Financial Documents

Assessment

Quiz

Business

9th - 11th Grade

Practice Problem

Medium

Created by

Alex Wright

Used 510+ times

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22 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

This document is used when a business buys goods.

Delivery Note
Purchase Order
Receipt
Cheque

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

This document arrives with the order, and needs a signature to confirm it's arrived correctly

Goods Received Note
Delivery Note
Purchase Order
Invoice

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

A request for payment from the supplier

Cheque
Credit Note
Invoice
Purchase Order

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

A document that shows how much the customer is refunded if delivery wrong or damaged.

Credit Note
Remittance Advice Slip
Receipt
Invoice

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

A document sent monthly, summarises orders made, payments and credits on a customers account

Purchase Order
Statement of Account
Receipt
Invoice

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Proof of purchase and payment

Invoice
Cheque
Receipt
Delivery Note

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a purchase order for?

Used to tell the supplier what needs to ordered
To show which items have been delivered
To check the items for damages/mistakes
Used to pay for items

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