Lesson 7

Question 1

are used to document business transaction

Answer 1

Business forms

Question 2

Business forms are classified into

Answer 2

Internal and external form

Question 3

forms are used only within the company .

Answer 3

Internal form

Question 4

Is used to document the quality and quantity of items received by the personal from the suppliers.

Answer 4

Recieving report

Question 5

documents the process for the preparation and authorization of check payments of the company bills.

Answer 5

Check voucher

Question 6

forms are used both inside and outside the company .

Answer 6

External form

Question 7

is a form used by the buyer to communicate his exact orders to the seller

Answer 7

Purchase order

Question 8

is issued by the seller and contains information on the quality and quantity of items delivered

Answer 8

Delievery receipt

Question 9

documents the amount of payment that the seller is claiming based on items delivered and agreed upon price .

Answer 9

Sales invoice

Question 10

Is evidence of payment

Answer 10

Offical receipt