NEW
Font size
WorksheetsComponent 3 - Financial Records Topic 2
Total questions: 13
Worksheet time: 7mins
Which of the following is not benefit of producing financial documents?
A) Ability to calculate revenues, costs and profits
B) Maintains a record of all customers and suppliers
C) It's a legal requirement
D) It can be a time consuming and expensive process
Which of the following is used when buying goods from a supplier
Purchase Order
Delivery note
Goods Received note
Credit Note
Which of the following is used when confirming arrival of goods from a supplier?
Purchase Order
Delivery Note
Goods Received Note
Credit Note
Which of the following is used when a customer returns a good to a supplier?
Purchase Order
Delivery Note
Goods Received Note
Credit Note
Which of the following is used when a supplier sends goods to a customer?
Purchase Order
Delivery Note
Goods Received Note
Receipt
Which of the following is a request for money owed after goods have been received?
Goods Received Note
Credit Note
Invoice
Receipt
Which of the following can be used to compare against the purchase order before final payment is made?
Goods Received Note
Credit Note
Invoice
Receipt
Which of the following provides proof of purchase?
Goods Received Note
Credit Note
Invoice
Receipt
A card which deducts payment for goods and services immediately from your bank account is called ___________.
Cash
Debit Card
Credit Card
Direct Debit
A card which enables payments for goods and services to be deferred for a period of one month is called ___________.
Cash
Debit Card
Credit Card
Direct Debit
Which form of payment gives flexibility and is most suitable for small purchases?
Cash
Debit Card
Credit Card
Direct Debit
Using this form of payment means a business can charge a customer directly from their bank account
Debit Card
Credit Card
Direct Debit
Payment Technologies
Which type of payment allows people to pay online or via their smartphones?
Debit Card
Credit Card
Direct Debit
Payment Technologies
