Office Document - JSS2 Business studies Past Questions and Answers - page 2
What is the purpose of recording transactions in sales documents?
To keep track of employee attendance
To manage inventory levels
To record sales transactions between the company and its customers
Why are purchase documents important for a company?
They serve as a record of purchases made for accounting and auditing purposes
They help in planning office parties
They are used to track employee performance
What are some examples of office documents?
Examples include letters, memos, reports, spreadsheets, presentations, and emails.
How do sales documents benefit a company?
Sales documents help in recording transactions, communicating sales-related information, managing inventory, and forecasting future sales, among other benefits.
Who typically prepares purchase documents within a company?
Purchase documents are usually prepared by the purchasing department or individuals responsible for procurement.
Explain the primary function of purchase documents.
Purchase documents primarily serve to initiate and record purchases made by the company, ensuring the procurement of goods or services from approved suppliers.
What information is typically included in sales documents?
Sales documents usually include details such as product information, quantities, prices, customer details, and terms and conditions of the sale.
How do purchase documents facilitate communication with suppliers?
Purchase documents communicate requirements, specifications, and delivery terms to suppliers, ensuring the right products are delivered on time and according to the company's needs.