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Finance book 2 unit 11

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

a payment made to meet previous obligations, such as salaries or loan repayments

a)

CASH DISBURSEMENTS

b)

CASH COLLECTIONS

c)

PAYROLL

2.

the total supply of sth that is stored in a particular place

a)

PROCUREMENT

b)

INVENTORY

c)

PAYROLL

3.

the process of purchasing or acquiring goods or services at the best possible value

a)

INVENTORY

b)

PAYROLL

c)

PROCUREMENT

4.

total amount of money received during a particular month, often including credit sales from the previous month

a)

CASH COLLECTIONS

b)

CASH DISBURSEMENTS

c)

CHECKING ACCOUNTS

5.

the buyer takes sth and agrees to pay for it later

a)

ON CREDIT

b)

GROSS WAGES

c)

PURCHASE ORDER

6.

a list of a company’s employees and their wages

a)

PAYROLL

b)

GROSS WAGES

c)

DEPOSIT

7.

a piece of paper that shows the details of an employee’s paycheck

a)

A STUB

b)

PAYROLL

c)

GROSS WAGES

8.

an employee’s wages before taxes and other expenses are deducted

a)

GROSS WAGES

b)

TOTAL WAGES

c)

CHECKING ACCOUNTS

9.

the total amount of money that a company pays its employees

a)

TOTAL WAGES

b)

GROSS WAGES

c)

CHECKING ACCOUNTS

10.

an ammount of money put into an account

a)

DEPOSIT

b)

EQUIPMENT

c)

PURCHASE ORDER

11.

an account that sb holds at a bank that allows the holder to write checks or use a debit card to remove money

a)

CHECKING ACCOUNTS

b)

PROPERTY ACCOUNTING

c)

CASH COLLECTIONS

12.

a way of managing the value of property, such as land, buildings, or equipment, by defining it in monetary terms

a)

PROPERTY ACCOUNTING

b)

CHECKING ACCOUNTS

c)

GROSS WAGES

13.

the tools or items required to get a job done

a)

EQUIPMENT

b)

INVENTORY

c)

PURCHASE ORDER

14.

a document that an employee submits to a company to request the purchase of something

a)

PURCHASE ORDER

b)

A STUB

c)

AGREEMENT

15.

a plastic card used to draw money directly form the user’s bank account

a)

DEBIT CARD

b)

CREDIT CARD

c)

ID CARD