Reference no: EM132968182
Problem 1: Which transactions could be most usefully made by direct debit?
A)The monthly mobile phone bill
B)Purchase of office sundries
C)Monthly employee salaries
D)Refunds to customers
Problem 2: Which of the following would be classified as revenue expenditure?
A)The purchase of a new van
B)The customising of the van's interior
C)The delivery charges for the van
D)The yearly road tax of a car
Problem 3: Bob's utility bills (gas, electricity etc) are variable amounts paid by the transfer of funds from his bank account to the account of the utility company.
Which method of payment is Bob using?
A)Standing Order
B)Payable Order
C)Direct Debit
D)Crossed cheque
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