BUAD302 Invoices recap

BUAD302 Invoices recap

University

7 Qs

quiz-placeholder

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BUAD302 Invoices recap

BUAD302 Invoices recap

Assessment

Quiz

Education

University

Medium

Created by

Sarah McMillan

Used 24+ times

FREE Resource

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the purpose of a purchase order?

To charge customers for goods sold

To order required goods from a supplier

To charge customers for services sold

For our suppliers to charge us for goods supplied

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Is a purchase order part of the cash or credit document cycle?

Cash

Credit

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Is a purchase order sent to a customer or to a supplier?

Customer

Supplier

4.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Select TWO internal controls over purchase orders

Three copies must be made for each purchase order

They are only issued by authorised staff

Purchase orders must be filed in a locked drawer

They are numbered sequentially (i.e. 123, 124, 125)

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the purpose of an invoice?

To charge customers for goods or services sold

To order required goods from a supplier

To charge suppliers for goods or services sold

For customers to charge us for goods or services

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Is an invoice part of the cash or credit document cycle?

Cash

Credit

7.

MULTIPLE SELECT QUESTION

1 min • 1 pt

Select TWO internal controls over invoices

Three copies must be made for each invoice

Invoices are issued in strict numerical order

Invoices must be filed in the cash register

Only one invoice is issued for each supply