financial records that a business needs to keep

Which Financial Document is being described? 'a form used to order goods, it's sent to the supplier'

• Purchase Order
• Delivery Note
• Goods Received Note
• Invoice

Which Financial Document is being described? 'details of the items and quantity, needs a signature to confirm it's received correctly'

• Purchase Order
• Delivery Note
• Goods Received Note
• Invoice

Which Financial Document is being described? 'lists items that have been delivered and their price, also includes total cost which has to be paid by the customer'

• Purchase Order
• Delivery Note
• Goods Received Note
• Invoice

Which Financial Document is being described? 'A method of paying for goods, can be sent by post'

• Receipt 
• Statement of Account
• Remittance Advice Slip
• Cheque

Which Financial Document is being described? 'proof of purchase and payment'

• Receipt 
• Statement of Account
• Remittance Advice Slip
• Cheque

Which of these results in the business receiving money in the quickest and easiest way? 

• cheque
• debit card
• e-cheque
• cash

Which of these is not an advantage to credit cards

• You can buy things you usually wouldn't be able to afford as you're borrowing from the bank
• You can never go into debit as the credit card only withdraws your own money
• it's a quick form of payment
• it's more secure than using cash

Which of these is a true statement about cheques?

• They allow you to borrow money from the bank
• They can take up to 7 days to clear
• They allow money to be sent instantly
• They allow you to pay over the internet

Which of these is a form of payment that takes money directly out of your account of a fixed sum of money? 

• Standing Order
• Direct Debit
• Instant Transmission
• Kamehameha