Business documents and books of prime entry

Business documents and books of prime entry

KG - 3rd Grade

10 Qs

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Business documents and books of prime entry

Business documents and books of prime entry

Assessment

Quiz

Professional Development

KG - 3rd Grade

Medium

Created by

Kamila Gniba

Used 3+ times

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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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