mini quiz 1

the document used to request details regarding the ordered product is called

• sales order

• purchase order

• inquiry

• quotation

the revenue cycle is started by the issuing of a document called ....

... is a document used to reply inquiry from the customer

A diagram that represents the environment of a cycle is

• flowchart

• context diagram

• DFD level 0

• DFD level 1

draw symbols used in a DFD

...... and ........​ are the examples of internal control that prevent outstanding receivable balance

• credit limit

• access restriction

• digital signature

• specific authorisation

good internal control suggests that the procurement of goods can only be done by one unit called ......

Once the goods are shipped, the accounts balance that is affected are

• account receivable

• cash

• inventory

• cost of good sold

In expenditure cycles, upon receiving the goods, warehouse staff will match the packing slip to .....

• sales order

• purchase requisition

• purchase order

• invoice

upon receiving invoice, finance and accounting staff need to match with documents called

• sales order

• purchase order

• packing slip

• purchase requisition