Search Header Logo

Accounts Payable Test Review

Authored by Teresa Perez

Business

10th Grade

Used 5+ times

Accounts Payable Test Review
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

The Accounts Payable subsidiary account is for

money people owe your business

fun

keeping track of what you've earned

the money your business owes

2.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

Person or business which provides goods and services to a company

Retailer

wholesaler

Vendor

tradesman

3.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

Business receives goods or services and promises to pay at a later date

charge slip

accounts receivable

accounts payable

purchase on account

4.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

Document which authorizes a buyer to purchase goods/services from a seller

vendor invoice

charge slip

purchase order

signature card

5.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

Document provided to companies once they buy goods/services on account

vendor invoice

charge slip

receipt

bank statement

6.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

Document or file which provides information about company vendors

chart of accounts

bank statement

purchase order

vendor file

7.

MULTIPLE CHOICE QUESTION

1 min • 2 pts

Provides information about when an invoice is due.

Example: Net 30

bank statement

general journal

charge slip

credit terms

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?