Key Terms: Chapter 5 Flashcards Preview

AAT (L2): Key Terms > Key Terms: Chapter 5 > Flashcards

Flashcards in Key Terms: Chapter 5 Deck (7)
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1
Q

EDI

A

Electronic Data Interchange

Is a system for ordering goods & services

Using secure private computer links.

2
Q

e_Commerce

A

Buying and Selling on the Internet by businesses & personal customers.

3
Q

Purchase order

A

A document issued and authorised by the buyer of goods and services

Sent to the seller

Indicating the goods or services required.

4
Q

Delivery Note

A

A document listing and accompanying the goods sent to the purchaser

5
Q

Goods received note

A

A document used by purchasers to record receipt of inventory (stock) and any returns made.

6
Q

Returns note

A

A document sent to the supplier with any faulty goods.

7
Q

Credit note

A

A document issued by the seller of goods or services to the purchaser reducing the amount owing.