Invoices Knowledge Check

Quiz
•
Education, Life Skills, Business
•
Professional Development
•
Hard

Kynara Seville
Used 17+ times
FREE Resource
8 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What is the definition of an invoice?
An invoice is a time-stamped commercial document that itemizes and records a transaction between a buyer and a seller.
An invoice is a document that has on numbers that involves using a calculator
An invoice is a paper that shows you what you bought without telling you how much to pay for it.
An invoice is a statement for the sum of money to be used for a list of goods sent or services provided.
None of these.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The invoice consists of how many parts?
3
5
4
2
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the names of the parts of the invoice?
The Body, The End, The Starter, The Calculation, The Letterhead
The Header, The Body, The Footer
The Letterhead, The Middle, The Bottom
The Header, The Middle, The End, The Calculation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the components of the letterhead?
Business Name, Business Address
Business Name, Business Address, Business Email Address
Business Name, Business Address, Business Email Address, Business Telephone Number
None of these
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the correct order to write the components in the letterhead ?
Business Name, Business Telephone Number, Business Address, Business Email Address,
Business Email Address, Business Name, Business Address, Business Telephone Number
Business Name, Business Address, Business Email Address, Business Telephone Number
Business Name, Business Address, Business Telephone Number, Business Email Address
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
What are the Payment Terms?
Payment terms are what you use to state how much money is on the bill.
Payment terms are what you use to clearly communicate when a payment is expected
Payment terms are what you use to help businesses receive payments on a predictable schedule.
Payment terms are what you use to clearly communicate the amount of items you can have on the bill.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the components in the body of the invoice?
The items, The letterhead, The invoice date
Quantity, Description, Unit Price and Amount
Quantity, Amount, Unit Price, Invoice number
Description, The letterhead, Quantity, Price
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do you calculate the amount?
Subtract the quantity from the unit price
Divide the unit price by the quantity
Add the quantities together
Multiply the quantity by the unit price
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