AS Applied ICT - Key Terms and Definitions

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1. What does EFTPOS stand for?

  • Electronic Funds Transfer at Point of Service.
  • Electronic Funds Transfer at Point of Sale
  • Electronic Funds Travel at Point of Sale
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2. A sales system records?

  • Orders and contracts placed by customers.
  • Money paid and money owed.
  • The purchase orders sent to suppliers.

3. What documents linked to purchasing could be transferred using EDI?

  • General Ledgers and Sales Ledgers
  • Purchase orders, Invoices, Purchase Ledgers etc.
  • Payslips and Tax Forms

4. What is bespoke software?

  • A spreadsheet.
  • Software developed specifically for an organisation.
  • Software that is bought off the shelf.

5. What are purchase orders used for?

  • To purchase goods or services for the organisation from the suplier.
  • To request payment for goods or services.
  • To record money being paid in for goods and services.

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