Source Documents – Page 2

FA – May 2012 – L1 – SA – Q22 – Recording Financial Transactions

Identifying the periodic statement sent by the consignee.

Question

What is the name of a periodic statement sent by the consignee to the consignor?

Answer

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Tags: Consignment, Source Documents
Level: Level 1

FA – Nov 2011 – L1 – SA – Q5 – Recording Financial Transactions

This question asks about the source document used for recording entries on the credit side of the bank cash book.

Question

Apart from bank payment vouchers, what other source document can be used to record entries on the credit side of the bank cash book?

Answer

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Tags: Cash Books, Source Documents
Level: Level 1

FA – Nov 2011 – L1 – SA – Q3 – Bank Reconciliation

This question asks about the source document used to identify an uncredited lodgement.

Question

What is the source document by which a bank reconciliation officer can identify an uncredited lodgement?

Answer

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Tags: Bank Reconciliation, Source Documents
Level: Level 1

Topic: Bank reconciliations
Series: NOV 2011

FA – Nov 2011 – L1 – SA – Q17 – Recording Financial Transactions

This question tests knowledge of the first phase of recording financial transactions.

Question

The first phase of recording financial transactions in the books of accounts is the
A. Preparation of Trial Balance
B. Analysis of financial statements
C. Writing of source documents
D. Drawing of trading account
E. Wooing customers to buy goods

Answer

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Tags: Recording Transactions, Source Documents
Level: Level 1

FA – Nov 2011 – L1 – SA – Q8 – Recording Financial Transactions

This question asks which source document is used when goods are returned by a customer.

Question

Which of the following source documents is received from a supplier of goods in relation to goods returned by a customer?
A. Returned invoice
B. Return inward note
C. Credit note
D. Debit note
E. Return outward note

Answer

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Tags: Credit Note, Return Inwards, Source Documents
Level: Level 1

FA – Nov 2020 – L1 – SA – Q3 – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Identifies an item that is not a source document in accounting.

Question

Which of the following is NOT a source document?
A. Proforma invoice
B. Debit note
C. Journal
D. Statement of account
E. Cheque stub

Answer

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Tags: Accounting Records, Source Documents
Level: Level 1

FA – Nov 2012 – L1 – SA – Q22 – Recording Financial Transactions

Identifying the medium through which basic transaction information is recorded.

Question

The medium through which basic information (e.g. amount, date, description, and authorization) regarding a transaction is recorded as it takes place is called:

Answer

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Tags: Recording, Source Documents, Transactions
Level: Level 1

FA – Nov 2015 – L1 – SA – Q12 – Recording Financial Transactions

This question identifies which document is not used to update a Cash Book.

Question

Which of the following is NOT a source document used to update a Cash Book?
A. Cheque stub
B. Payment voucher
C. Receipts
D. Paying-in-slip
E. Debit note

Answer

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Tags: Accounting principles, Cash Book, Source Documents
Level: Level 1

FA – Nov 2021 – L1 – SA – Q12 – Sale of Goods

This question tests knowledge of the source document used for the sales day book.

Question

A source document for the sales day book is:
A. An invoice
B. Cheque stub
C. A customer advice
D. A credit advice
E. A requisition form

Answer

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Tags: Multiple Choice, Sales Day Book, Source Documents
Level: Level 1

Topic: Sale of Goods
Series: NOV 2021

FA – Nov 2022 – L1 – SA – Q12 – Recording Financial Transactions

Identify the source document for the sales day book.

Question

A source document for the sales day book is
A. Invoice
B. Cheque stub
C. Customer advice
D. Credit advice
E. Requisition form

Answer

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Tags: Financial Transactions, Sales, Source Documents
Level: Level 1

FA – May 2021 – L1 – SB – Q5b – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Outline four uses of source documents in the process of producing financial information.

Question

Outline four uses of source documents in the process of producing financial information.

Answer

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Tags: Accounting Systems, Financial Transactions, Source Documents
Level: Level 1

FA – Nov 2014 – L1 – SA – Q9 – Recording Financial Transactions, Source Documents

Identifying the source document used to record the Returns Inward Book.

Question

The source of data for recording the Returns Inward Book of a business entity is:

A. Credit note
B. Debit note
C. Invoice
D. Payment voucher
E. Receipt

Answer

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Tags: Financial Transactions, Returns Inward, Source Documents
Level: Level 1

FA – Nov 2019 – L1 – SA – Q1 Recording Financial Transactions, Source Documents-

Identify which document is sent when an invoice is understated.

Question

Which of the following documents will a supplier send to a customer whose invoice was understated?

Answer

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Tags: Accounting Process, Source Documents
Level: Level 1

FA – MAY 2015 – L1 – SA – Q12 – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Identify the origin of accounting information in financial records

Question

Which of the following provides the origin of accounting information?
A. Accounting books
B. Source documents
C. Ledger
D. Cash book
E. Subsidiary book

Answer

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Tags: Accounting Information, Source Documents
Level: Level 1

FA – MAY 2015 – L1 – SA – Q4 – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Identify the source of data for recording in the sales day book.

Question

The source of data for the recording of sales day book of a business enterprise is:
A. Returns inward note
B. Returns outward note
C. Official receipt
D. Payment voucher
E. Invoice

Answer

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Tags: Sales Day Book, Source Documents
Level: Level 1

FA – Mar/July 2020 – L1 – SB – Q2a – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Explanation and examples of source documents used in commercial transactions.

Question

Explain what is meant by source documents and outline FOUR source documents used in commercial transactions. (4 Marks)

Answer

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Tags: Commercial Transactions, Source Documents
Level: Level 1

Question Tag: Source Documents

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FA – May 2012 – L1 – SA – Q22 – Recording Financial Transactions

Identifying the periodic statement sent by the consignee.

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FA – Nov 2011 – L1 – SA – Q5 – Recording Financial Transactions

This question asks about the source document used for recording entries on the credit side of the bank cash book.

You're reporting an error for "FA – Nov 2011 – L1 – SA – Q5 – Recording Financial Transactions"

FA – Nov 2011 – L1 – SA – Q3 – Bank Reconciliation

This question asks about the source document used to identify an uncredited lodgement.

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FA – Nov 2011 – L1 – SA – Q17 – Recording Financial Transactions

This question tests knowledge of the first phase of recording financial transactions.

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FA – Nov 2011 – L1 – SA – Q8 – Recording Financial Transactions

This question asks which source document is used when goods are returned by a customer.

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FA – Nov 2020 – L1 – SA – Q3 – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Identifies an item that is not a source document in accounting.

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FA – Nov 2012 – L1 – SA – Q22 – Recording Financial Transactions

Identifying the medium through which basic transaction information is recorded.

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FA – Nov 2015 – L1 – SA – Q12 – Recording Financial Transactions

This question identifies which document is not used to update a Cash Book.

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FA – Nov 2021 – L1 – SA – Q12 – Sale of Goods

This question tests knowledge of the source document used for the sales day book.

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FA – Nov 2022 – L1 – SA – Q12 – Recording Financial Transactions

Identify the source document for the sales day book.

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FA – May 2021 – L1 – SB – Q5b – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Outline four uses of source documents in the process of producing financial information.

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FA – Nov 2014 – L1 – SA – Q9 – Recording Financial Transactions, Source Documents

Identifying the source document used to record the Returns Inward Book.

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FA – Nov 2019 – L1 – SA – Q1 Recording Financial Transactions, Source Documents-

Identify which document is sent when an invoice is understated.

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FA – MAY 2015 – L1 – SA – Q12 – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Identify the origin of accounting information in financial records

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FA – MAY 2015 – L1 – SA – Q4 – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Identify the source of data for recording in the sales day book.

You're reporting an error for "FA – MAY 2015 – L1 – SA – Q4 – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)"

FA – Mar/July 2020 – L1 – SB – Q2a – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)

Explanation and examples of source documents used in commercial transactions.

You're reporting an error for "FA – Mar/July 2020 – L1 – SB – Q2a – Recording Financial Transactions (Including Source Documents, Books of Prime Entry, and Cash Books)"

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