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JC Business Docs Test

Enter the letter for the matching Answer
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1.
Trade discount
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2.
Procedure for dealing with complaints
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3.
Credit Note
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4.
Treatment of incoming Statements of Account
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5.
Treatment of outgoing Statements of Account
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6.
Treatment of outgoing invoices
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7.
Invoice
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8.
Cash with order (CWO)
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9.
F.O.R
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10.
Credit offered
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11.
Treatment of orders by the seller
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12.
Errors and omissions excepted (E & EO)
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13.
Treatment of incoming delivery dockets:
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14.
Terms and conditions
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15.
Payment
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16.
VAT
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17.
Treatment of incoming credit note
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18.
Effective Purchasing Involves....
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19.
Receipt
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20.
Cash on delivery
A.
The customer received the goods but pays for them later.
B.
Free On Rail. Delivery is free to the nearest railway.
C.
Date-stamp the order, Get the products ready for delivery, Send order to the office for preparation of delivery docket and invoice, File a copy of the order
D.
Sent from seller to buyer if they have been overcharged or have received faulty goods
E.
payment for the goods is required at the time of ordering the goods.
F.
Listen to the complaint, Investigate the complaint, Take the necessary action, Reply to the complaint, File a record of the complaint
G.
Finding the best price, Making sure the goods will arrive on time, Making sure you order the correct amount. Not too much, and not too little, Choosing a reliable supplier and delivery company, Checking that goods delivered match the delivery docket
H.
Paying for goods or services. This can be by cash, cheque, bank transfer, credit cards etc.
I.
Check it against incoming the order to make sure you are receiving what you ordered, File it away and check it against the invoice when it arrives
J.
Value Added Tax.
K.
Proof of payment for goods or services.
L.
Check all transactions are included and correct, Check the name and address of the buyer, File a copy
M.
An agreement sent by the seller to the buyer that shows the price of the goods and the terms and conditions of sales. Includes items such as: date of delivery, cost of delivery and discount for cash sales.
N.
A reduction in price. The supplier may give this to other businesses, on goods that are obsolete or if they buy in bulk.
O.
This is a bill for the goods.
P.
Compare with relevant documents, Compare with Creditors Ledger, Check all calculations, Pay seller amount due, File a copy
Q.
Payment for the goods is required when the goods are delivered.
R.
Record in Purchases Returns Day book
S.
Is often added to business documents. It is used to say that a price list, product description or other document may contain mistakes or may not include some details. However, it has no legal force.
T.
Compare prices with quote given, Check calculations for accuracy, Check address of customer, Write in Sales Day Book and post to debtors ledger, File a copy
Type the Question that corresponds to the displayed Answer.
incorrect
21.
Shows what was delivered ;full details of cost and when it is to be paid.
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22.
Arise when the buyer does not pay the seller what they owe. They are written of as an expense by the seller
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23.
Issued by the seller if goods are returned or if they overcharged the customer.
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24.
Getting value for money by buying goods at the right price, quantity and quality.
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25.
Sent to the buyer with details of the best prices they can offer, any discounts and the terms of sale.
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26.
A document sent from the seller to the buyer at the end of a period of time, usually a month. It outline the transactions that took place between the seller and the buyer during that time
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27.
This is sent at the end of each month. It lists all the invoices and credit notes for the month.
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28.
Buying goods in large quantities.
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29.
The seller will pay for the delivery of the goods to the buyer.
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30.
Free On board. Delivery is free to the nearest port.

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