ACCT 333 SUA- DOCUMENTS EXAM QUESTIONS WITH CORRECT ANSWERS LATEST UPDATE
2026/2027
purchase order - Answers document prepared requesting goods or services from a vendor
(seller). should include name and address of vendor, goods or services desired, and the desired
delivery or performance date. when received by vendor, it is referred to as "customer purchase
order"
customer purchase order - Answers document prepared to request goods or services from a
customer. the form should indicate the name and address of the customer, goods or services
desired, and the desired delivery or performance date
receiving report - Answers document prepared at the time the goods are received showing the
description of the goods received, quantity, and date received. serves same function as shipping
document
Bill of lading (shipping document) - Answers document prepared at the time of shipment
indicating the description of the merchandise, the quantity shipped, and other relevant data. a
written contract of the receipt and shipment of goods between seller and carrier. must be used
when common carrier ships the goods. dont include dollar values.
sales invoice - Answers document prepared indicating the description and quantity of goods
sold, the price including freight, insurance, terms, other relevant data, and the total amount of
the sale
vendors invoice - Answers document received from the vendor indicating the description and
quantity of goods or services received, the price including freight, the cash discount terms, and
the date of billing. specifies amount of money owed to the vendor for the purchase. called
"sales invoice" by the seller.
sales invoice - Answers method of indicating to the customer the amount of a sale and the due
date of the payment.
sales invoice - Answers the document used for recording sales in the accounting records
price list - Answers list prepared by the company indicating product prices for billings.
developed by marketing personnel and approved by management
remittance advice - Answers document that accompanies the sales invoice mailed to the
customer and can be returned to the seller with the cash payment. used to indicated customer
name, sales invoice number, and the amount of the invoice when the payment is received.
purpose is to make sure the proper customer is credited for the proper amount of cash received.
can be an extra copy of the sales invoice.
2026/2027
purchase order - Answers document prepared requesting goods or services from a vendor
(seller). should include name and address of vendor, goods or services desired, and the desired
delivery or performance date. when received by vendor, it is referred to as "customer purchase
order"
customer purchase order - Answers document prepared to request goods or services from a
customer. the form should indicate the name and address of the customer, goods or services
desired, and the desired delivery or performance date
receiving report - Answers document prepared at the time the goods are received showing the
description of the goods received, quantity, and date received. serves same function as shipping
document
Bill of lading (shipping document) - Answers document prepared at the time of shipment
indicating the description of the merchandise, the quantity shipped, and other relevant data. a
written contract of the receipt and shipment of goods between seller and carrier. must be used
when common carrier ships the goods. dont include dollar values.
sales invoice - Answers document prepared indicating the description and quantity of goods
sold, the price including freight, insurance, terms, other relevant data, and the total amount of
the sale
vendors invoice - Answers document received from the vendor indicating the description and
quantity of goods or services received, the price including freight, the cash discount terms, and
the date of billing. specifies amount of money owed to the vendor for the purchase. called
"sales invoice" by the seller.
sales invoice - Answers method of indicating to the customer the amount of a sale and the due
date of the payment.
sales invoice - Answers the document used for recording sales in the accounting records
price list - Answers list prepared by the company indicating product prices for billings.
developed by marketing personnel and approved by management
remittance advice - Answers document that accompanies the sales invoice mailed to the
customer and can be returned to the seller with the cash payment. used to indicated customer
name, sales invoice number, and the amount of the invoice when the payment is received.
purpose is to make sure the proper customer is credited for the proper amount of cash received.
can be an extra copy of the sales invoice.
