Business

9th -

12thgrade

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Form 2 October 2020 Mid Month Assessement

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10 questions

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  • 1. Multiple Choice
    45 seconds
    1 pt

    ___________ is a bill for a service or product that has been supplied to a customer. It is only used for credit sales; a sale that has been paid for when it was ordered will be recognized with ____________.

    An Invoice, A Receipt.

    An Order, An Invoice.

    A Proforma Invoice, A Receipt.

    A Receipt, An Advice Note.

  • 2. Multiple Choice
    30 seconds
    1 pt

    For a very specific inquiry, the seller would respond to a buyer by sending a _________________ which is a list of all items requested and their prices or a ____________________ gives all the information that is pertinent to the product or service being sold, such as price, delivery charges and product information.

    Price List, Catalogue.

    Price List, Quotation.

    Catalogue, Quotation.

    Catalogue, Price List.

  • 3. Multiple Choice
    45 seconds
    1 pt

    Which of the following documents are written by the buyer to the seller? (Select all that apply)

    An Order

    An Advice Note

    A Letter of Inquiry

    A Receipt

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