
Business documents and books of prime entry
Quiz
•
Professional Development
•
KG - 3rd Grade
•
Medium
Kamila Gniba
Used 3+ times
FREE Resource
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10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Definite amount that is deducted from the list price of the goods for the supplies to some customers, with the intention of encouraging and rewarding customer loyalty. Choose the correct option.
bulk discount
prompt payment discount
trade discount
price quotation
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Discount given by a supplier for sales orders above a certain quantity.
Trade discount
Bulk discount
Prompt payment discount
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Discount also known as settlement or cash discount- offered to customers in order to encourage early payment of invoices.
Prompt payment discount
Bulk discount
Trade discount
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A buyer generated document that authorises a purchase transaction.
Delivery note
Purchase order
Invoice
Sales order
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A seller generated document that authorises a sale to a customer, issued after the receipt of a purchase order.
Purchase order
Delivery note
Invoice
Sales order
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A document accompanying goods despatched to a customer explaining what the delivery contains.
Purchase order
Invoice
Sales order
Delivery note
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Internal document completed by the purchaser that records the details of goods received and contains similar information to a delivery note.
Purchase order
Sales order
Invoice
Goods received note
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