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FINANCIAL VOCABULARY

Authored by Insaurralde Maximiliano

English

Professional Development

Used 2+ times

FINANCIAL VOCABULARY
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1. What is an invoice?

A delivery truck for goods

A document listing services and amount to pay

A payment confirmation

A quote for future purchases

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

2. The due date refers to:

The day the order was placed

The day you will receive your goods

The final day to make a payment

The date the client will pay

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

3. A quote is:

A document to confirm payment

A discount for new customers

A tax receipt

An estimated price for products or services

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

4. The subtotal is:

The delivery cost of a product

The total cost before taxes and shipping

The price after adding tax and shipping

The total amount paid in cash

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

5. VAT is:

A tax added to the sale of goods/services

A warranty for expensive items

A payment method used in Europe

A company name

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

6. Shipping cost is the amount paid for:

Cleaning products

Tax refunds

Delivering goods to the buyer

Changing bank details

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

7. A remittance is:

A type of product

A discount offered for early payment

A payment sent, usually via bank transfer

A delivery service

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