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WorksheetsEnterprise- B2- Methods of Payments (plus revisited topics)
Total questions: 15
Worksheet time: 8mins
Most people pay utility bills by...
Using a credit card
Cash
Setting up a direct debit
Paypal
This card allows you to buy now but pay later
Oyster card
Debit card
Credit Card
What is the spending limit for a contactless card?
£20
£30
£45
£100
Credit Card: If there is an emergency and no money in other accounts
Advantage
Disadvantage
Both
Neither
Credit Card: you pay interest on your unpaid balance
Advantage
Disadvantage
Both
Neither
Cash: can only spend what I have in my wallet.
Advantage
Disadvantage
Both
Neither
What is the most widely accepted form of exchange worldwide?
Contactless
Debit card
Cash
Credit card
What is the purpose of a credit note?
It's sent by a business to the customer asking for payment
Used to refund the customer for missing/damaged goods
It's used to place an order
It's a list of all transactions that took place last month
What is a purchase order?
Business sends it to the customer along with their order
Document customer sends to business to place an order
Document business sends to customer with products bought
What does VAT mean?
Validate After Tax
Very Altered Tax
Value Added Tax
Verify a transaction
Why is it important for a business to keep records? Tick all the correct answers if you think there's more than one.
By law a business has to keep certain records
They want to fill up their filing cabinets with paper
They’re better organised
They can keep track of finances better
Explain what a delivery note is
Document customer sends to supplier saying goods were OK
Document that comes with goods, proves customer got them
Document customer uses to place an order
Document used to pay for an order
The main aim of promotion is to?
Build positive associations with the enterprise.
Discourage customers to purchase products.
Cover up bad press.
Create fake news.
B2B (business to business)
a market where companies sell products directly to consumers
a market where one company sells products to another company
Face to face, Telephone, Email and Video calls are
Methods of indirect selling
Methods of advertising
Methods of personal selling
Methods of demonstrating products
