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Sales - A/R

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Sales Flow

a)

Sales Quotation - Sales Order - Delivery - A/R Invoice - Incoming Payments

b)

Sales Quotation - Sales Order - A/R Invoice - Incoming Payment - Delivery

c)

Sales Order - Delivery - Sales Quotation - A/R Invoice - A/R Credit Memo

d)

Delivery - Sales Order - Incoming Payment - A/R Credit Memo - A/R Invoice

2.

Delivery Can be Posted for Item Type "Service"

a)

True

b)

False

c)

May be True

d)

may be False

3.

Which of the Following Statements is True

a)

Bill-To Address is the location of our Warehouse

b)

Ship-To Address is the location of Customer's Head office

c)

Bill-To Address is the location of Customer's Head Office

d)

Ship-To Address is the Location of our Head office

4.

Item Codes Can be entered in Document Type Service

a)

True

b)

False

c)

May be True

d)

May be False

5.

Due Date in relation to A/R Invoice Means?

a)

The date on which delivery of goods is to be made to customer

b)

The date on which customer will give us next sales Order

c)

The Date on which Customer Confirms receipt of Goods

d)

The Date on which payment will be due from Customer

6.

The Documents in Sales A/R Module can be Added without Selecting Business Partner

a)

True

b)

False

c)

May be True

d)

May be False

7.

Payment Terms are used to Determine..

a)

Tax Rate in Payment Documents

b)

Payment Means (Cash/ Cheque / Bank Transfer) in Incoming Payments

c)

Due Date for A/R Invoice

d)

Date of Supply for GST Tax Invoice

8.

Business Partner Account is Present in Journal Entry of

a)

A/R Invoice

b)

Delivery

c)

Sales Order

d)

Both A/R Invoice and Delivery

e)

Both A/R Invoice and Sales Order

9.

In Journal Entry for Delivery, Inventory Account will be

a)

Always Debit

b)

Always Credit

c)

Sometimes Debit

d)

Sometimes Credit

10.

Posting Date is strictly greater than Due Date

a)

Always True

b)

Always False

c)

Sometimes True

d)

Sometimes False