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Exercise 1: Bill Invoice Management

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

What is meant by 'bill'?

a)

Long-term loan

b)

Food payment receipt

c)

Document claiming payment for services used

d)

Monthly savings

2.

Among the following, which is an example of a utility bill?

a)

Credit card bill

b)

Water and electricity bill

c)

Book purchase bill

d)

Income tax bill

3.

Why is it important to pay bills on time?

a)

So you can use more electricity

b)

So services are not disrupted

c)

So you get cash back

d)

So you can avoid paying directly

4.

What is meant by 'invoice'?

a)

Full payment receipt

b)

Document showing order details

c)

Document claiming payment by seller to buyer

d)

Internal payment checklist

5.

Who usually issues an invoice?

a)

Buyer to seller

b)

Bank to customer

c)

Seller to buyer

d)

Government to citizens

6.

Which information should NOT be included in an invoice?

a)

Invoice number

b)

Invoice date

c)

Buyer's identification card number

d)

Product or service details

7.

The main purpose of an invoice is to:

a)

Store employee information

b)

Request payment from the customer

c)

Cancel a purchase

d)

Prepare annual reports

8.

If a customer has not paid after receiving an invoice, the invoice is categorized as:

a)

Receipt

b)

Accounts receivable

c)

Accounts payable

d)

Cash discount

9.

Which of the following lists four mandatory pieces of information that must be included in an invoice?

a)

Invoice date, unique invoice number, supplier’s name and address, customer’s name and address

b)

Product color, supplier’s favorite food, customer’s age, invoice theme

c)

Invoice date, supplier’s phone number, customer’s pet name, payment method

d)

Supplier’s website, invoice color, customer’s favorite color, invoice logo

10.

Explain the difference between an invoice and a receipt.

a)

An invoice is a request for payment, while a receipt is proof of payment.

b)

An invoice is proof of payment, while a receipt is a request for payment.

c)

Both invoice and receipt are proof of payment.

d)

Both invoice and receipt are requests for payment.

11.

It is important for a company to keep copies of all invoices because:

a)

it helps in tracking financial transactions and maintaining accurate records.

b)

it allows employees to avoid doing any paperwork.

c)

it is required only for companies with more than 100 employees.

d)

it makes it easier to lose track of expenses.

12.

What is the English translation of 'Rujukan audit'?

a)

Audit reference

b)

Audit report

c)

Audit summary

d)

Audit procedure

13.

What is the English translation of 'Rekod kewangan'?

a)

Financial records

b)

Financial statement

c)

Financial planning

d)

Financial analysis

14.

What is the English translation of 'Tindak lanjut pembayaran oleh pelanggan'?

a)

Follow-up on customer payments

b)

Customer complaint handling

c)

Order confirmation process

d)

Product delivery tracking

15.

What is the English translation of 'Rujukan jika berlaku pertikaian'?

a)

Reference in case of disputes

b)

Reference for legal documents

c)

Reference for financial matters

d)

Reference for agreements