Financial records
Quiz
•
Business
•
9th - 11th Grade
•
Practice Problem
•
Medium
Conor Sutton
Used 33+ times
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22 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A business keeps various types of financial records to monitor its performance and ensure that ____ are paid.
minimum wages
bonuses
tips
taxes
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When a buyer orders goods/services from a seller = ???
Receipt
Purchase order
Balance sheet
Credit note
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Used when goods are delivered to the buyer = ???
Delivery document
Delivery contract
Delivery record
Delivery note
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Used to show that goods have been received = ???
Goods received note
Goods received slip
Goods received ticket
Goods received certificate
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Details the amounts owed by a customer for the goods they have made an order for = ???
Goods received note
Credit note
Invoice
Profit and loss statement
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Used when a customer returns faulty goods to the seller = ???
Refund acceptance note
Debit note
Invoice
Credit note
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Document that provides proof of purchase = ???
Cash flow forecast
Statement of account
Receipt
Limited liability
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