AS Applied ICT - Key Terms and Definitions

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1. What is the Balance Sheet?

  • Lists the assets, debts and owners' investment at a particular date.
  • Lists the revenue, the expenditure and the net income during a particular period.
  • Summarise the organisations accounts.
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Other questions in this quiz

2. Which function is responsible for personnel systems?

  • HR
  • Accounts and Finance
  • Sales

3. What is the General Ledger?

  • Summarise the organisations accounts.
  • Lists the revenue, the expenditure and the net income during a particular period.
  • Lists the assets, debts and owners' investment at a particular date.

4. What does EPOS stand for?

  • Electronic Point of Service.
  • Electronic Point of Sale.
  • Electric Point of Sale.

5. Which 5 pieces of information about employees would be stored in all systems?

  • Full Name, DOB, Address, Gender, Education and Qualifications.
  • Eye Colour, Height, Weight, Clothes Size and Hair Colour.
  • Place of Birth, Birth Weight, Number of Siblings, Favourite Colour and Middle Names.

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