FOD S116

FOD S116

University

5 Qs

quiz-placeholder

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FOD S116

FOD S116

Assessment

Quiz

Specialty

University

Practice Problem

Medium

Created by

Ma. Facunla

Used 1+ times

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These are issued every time the business receives cash. ​

Promissory Notes

Official Receipt

Deposit slip

Purchase Order

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These are orders to the bank by the person issuing it, to pay to bearer or order in a certain sum of money.  ​

Check

Promissory Note

Bank Deposit

Official Receipt

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is a written promise signed by the party, called the marker, to pay a certain specified sum to another party called payer, at a certain future time. ​

Official Receipt

Promissory Note

Purchase Order

Check

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

After the sale has taken place, the seller fills in the business form called the invoice. ​

Official Receipt

Promissory Note

Check

Purchased and Sales Invoice

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For control and safekeeping of cash, most business maintain checking of current accounts with the banks. ​

Promissory Note

Bank Deposit Slip

Official Receipt

Purchase Order

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