AccountingWEB.com

Test Your Knowledge!
Next Quiz on April 21st!

Accounting Documents Quiz

Accountants are lifelong students. The weekly quizzes are open
to everyone in the wonderful field of accounting, business
and the study of accounting. Good luck!

This week's quiz brought to you by:
Barbara W. Scofield, PhD, CPA - Associate Professor of Accounting
and Director of the Financial Accounting Concentration
University of Dallas
Irving, Texas

Visit Quiz Archives/See Past Winners

Please take a second to visit our sponsor

Clicking this ad will open a new window
and will not interrupt your quiz

1 -

What is a bill of lading?

A document that identifies the merchandise within a shipment
A document that delineates control of goods while in transit
A document that lists shipping charges.
An invoice by a freight company

2 -

What is an invoice?

A bill from a supplier asking for payment
A receipt from a supplier after payment
A cash distribution to a supplier for payment
A completed order form listing the amount owed

3 -

What is an admittance receipt?

A customer order form listing amount ordered and prices
A document sent back to customers verifying their payment.
A turnaround document indicating the amount a customer is paying
An inquiry for product availability

4 -

What is a bank reconciliation?

A audit confirmation received for a bank balance
A document matching the company's cash prelist and to its bank deposits
A document that summarizes the bank accounts for a single business entity present at a bank.
A document verifying the differences between the cash balance per books and the cash balance per bank

5 -

What is a picking slip?

A document used by the warehouse to select merchandise for shipment.
A document used to order merchandise from a supplier
A document used by the freight company to identify cartons for shipment.
A document used by a customer to create a merchandise order.

6 -

What is a credit memo?

A document requesting a sales return
A document verifying a purchase is within a customer's credit limit.
A document setting the discount terms for a customer.
A document authorizing an adjustment to a customer account.

7 -

What is a deposit slip?

A document listing the merchandise received in a shipment
A document listing cash and checks being deposited in a bank account.
A document listing the initial payment for an order of merchandise
A document listing the amounts received from customers.

8 -

What is a voucher?

A document that authorizes a purchase order
A document that lists cash inflows
A document that authorizes payment of invoices
A document that lists outstanding orders

9 -

What is a receiving report?

A document that records goods that the company has shipped.
A document that records the orders from customers.
A document that records goods for which the company has taken delivery
A document that records the purchasing orders sent to vendors.

10 -

What is a purchase order?

A document that provides authorization to procure goods from a vendor
A document that lists all of the components required to manufacture a product for a customer
A document that reports the goods needed by an operating department
A document that provides current prices to customers

THIS INFORMATION WILL BE USED TO CONTACT WINNERS ONLY

Your Name

Your Firm/Company

Your Address, Suite/Apt #

Your City

Your State or Province

Your Postal Code (US ZIP code)

Your E-mail Address

May we publish your name and company if you win?
Yes
No

	A document that identifies the merchandise within a shipment
	A document that delineates control of goods while in transit
	A document that lists shipping charges.
	An invoice by a freight company

	A bill from a supplier asking for payment
	A receipt from a supplier after payment
	A cash distribution to a supplier for payment
	A completed order form listing the amount owed

	A customer order form listing amount ordered and prices
	A document sent back to customers verifying their payment.
	A turnaround document indicating the amount a customer is paying
	An inquiry for product availability

	A audit confirmation received for a bank balance
	A document matching the company's cash prelist and to its bank deposits
	A document that summarizes the bank accounts for a single business entity present at a bank.
	A document verifying the differences between the cash balance per books and the cash balance per bank

	A document used by the warehouse to select merchandise for shipment.
	A document used to order merchandise from a supplier
	A document used by the freight company to identify cartons for shipment.
	A document used by a customer to create a merchandise order.

	A document requesting a sales return
	A document verifying a purchase is within a customer's credit limit.
	A document setting the discount terms for a customer.
	A document authorizing an adjustment to a customer account.

	A document listing the merchandise received in a shipment
	A document listing cash and checks being deposited in a bank account.
	A document listing the initial payment for an order of merchandise
	A document listing the amounts received from customers.

	A document that authorizes a purchase order
	A document that lists cash inflows
	A document that authorizes payment of invoices
	A document that lists outstanding orders

	A document that records goods that the company has shipped.
	A document that records the orders from customers.
	A document that records goods for which the company has taken delivery
	A document that records the purchasing orders sent to vendors.

	A document that provides authorization to procure goods from a vendor
	A document that lists all of the components required to manufacture a product for a customer
	A document that reports the goods needed by an operating department
	A document that provides current prices to customers