On-Line Invoicing Exam

1. The Sales Department decides on the format for the invoice.
True
False

2. Which department should decide on the procedure for collecting charge sales.
Sales
Human Resources
Administration
Accounting

3. Where are visitor checks used the most?
Open Houses
Trade Shows

4. How many points on the Sales Rubric are there for giving a receipt
10
15
20
25

5. What information is found on the State Board of Equilization web site that is important in processing Internet Orders?
Federal Income tax
State Income tax
Sales tax percentage by county
SUTA

6. How many weeks should the Invoicing Steb By Strp Project take?
2
3
4

7. You should have and ample supply of company invoices with your company name imprinted at the top.
True
False

8. Trade Show packages should be made up for the following groups.
Students attending the trade show
Adults
Judges
All of the Above

9. The total from the Cash Receipts Journal should be entered into?
Sales journal as a debit to Cash and a credit to Sales
Cash receipts journal as a debit to cash and a credit to sales
General Ledger as a credit to Sales and a debit to Cash
General Ledger as a credit to Cash and a debit to Sales

10. At the end of an open house, the accountant should enter the invoices into the cash payments journal.
True
False

11 What information should be recorded on the invoices at the trade show??
Customer name
School Name
Total of invoice
All of the Above

12. An invoice without customer name and school is worthless.
True
False

13. After the trade show the accounting department should sort out?
cash invoices
charge sales invoices
voucher checks
All the Above

14. Voucher checks should be attached to the company copy of the invoice.
True
False

15. Charge Sales should be entered into?
Cash Receipts journal as a debit to cash and a credit to sales
Sales journal as a credit to Sales and a debit to Cash
Cash Payments Journal
Sales journal a debit to Accounts Receivable and a credit to Sales

Invoicing Test

First Name  
Last Name  

Score