Receipt (Junior Cert Business Studies): Quizzes

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Receipt
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What is a receipt?

Official doc proving payment was made

What does a receipt confirm?

A transaction has taken place

Which is a purpose of receipts?

Warranty claims and returns processing

What company info must appear on a receipt?

VAT registration number

What transaction detail is required on a receipt?

Date of purchase

What payment info should a receipt show?

Method of payment used

Who must verify receipt info before finalising a transaction?

Both buyer and seller

What should be double-checked on a receipt?

Product descriptions and quantities

What legal purpose do receipts serve?

Proof of transaction date for warranty

Why are receipt records essential for Irish businesses?

For VAT returns & Revenue compliance

Which is NOT listed as a purpose of receipts?

Marketing new product launches

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