Section Four - Legal Aspects Of a Business Flashcards

1
Q

Business Documents

A

Business documents are files that provide details related to a company’s internal and external transactions.

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2
Q

Types of Business Documents

A

Delivery note
Order
Invoice
Debit note
Statement
Receipt
Credit note
Quotation
Enquiry

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3
Q

Catalogue

A

A document that gives details about products available for sale

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4
Q

Letter of Enquiry

A

A document used by a potential client to request information from a prospective supplier

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5
Q

Quotation

A

A document that provides information requested by the potential purchaser

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5
Q

Advice Note

A

This informs the purchaser of the goods to be sent and any conditions for receipt

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6
Q

Delivery Note

A

A document used in transporting the goods to the purchaser.

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7
Q

Sales Invoice

A

A document that outlines the goods purchased and sent to the buyer by the seller

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8
Q

The Pro forma Invoice

A

An invoice sent under particular circumstances to a buyer before all invoicing details are clear

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9
Q

Debit Note

A

A document that is issued to the purchaser when he/she has been undercharged by the seller

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10
Q

Credit Note

A

A document that is issued to a purchaser when he/she has been overcharged by the seller

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11
Q

Stock Card

A

A document that provides up to date information on goods received

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12
Q

Statement Of Account

A

This document summarizes a customer’s transactions over time.

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