Business Records Quiz

What document tracks stock levels and product availability in a business?

• Inventory Report

• Sales Receipt

• Pay Stub

• Estimate

Which document requests payment for goods or services provided?

• Purchase Order

• Invoice

• W-2

• Contract

What document outlines due dates for financial obligations or loan payments?

• Income Statement

• Expense Report

• Payment Schedule

• Incident Report

Which document summarizes transactions within a business account over a period?

• Statement of Cash Flows

• Bank Statement

• Balance Sheet

• Invoice

What document authorizes a business to engage in specific activities?

• Business License

• Business Permit

• Project Schedule

• Employee Handbook

Which document provides an approximate cost for goods or services before work begins?

• Estimate

• Pay Stub

• Incident Report

• Sales Receipt

What document provides workplace policies and guidelines for employees?

• Employee Handbook

• Incident Report

• Pay Stub

• • W-2

What document grants permission for a company to legally operate?

• Business License

• Business Permit

• Invoice

• Balance Sheet

Which document shows a company’s financial position at a specific point in time?

• Inventory Report

• Statement of Cash Flows

• Balance Sheet

• W-2

What document breaks down an employee’s earnings, deductions, and net pay?

• Pay Stub

• Bank Statement

• Expense Report

• Sales Receipt