RVS Quiz
RVS Knowledge Quiz
Test your understanding of RVS (Receipt Verification System) processes with our engaging and informative quiz! This quiz is designed for finance and accounting professionals looking to refresh their knowledge.
- 11 thoughtfully crafted questions
- Multiple choice, checkboxes, and drop list formats
- Immediate feedback on correct answers
When do we create RVS?
After receiving payment from customer
Before issuance of official receipt
After issuance of invoice to customer
Before issuance of invoice
Below are list of important details in OR. Which is not included?
Date
Branch
Business Style
Amount
TIN #
VAT & EWT details
Invoice #
Accountant's Name
In recording RVS, under finance & acocunting. If the documents series is under SS which will you chose?
Sales Invoice
Service Invoice
Posted Sales Invoice
Posted Service Invoice
Below are the steps in recording RVS, which should be excluded?
Document date & posting date should always be the same with OR/payment date.
True
False
Why do we need to do RVS?
To recognize income
To acknowledge output vat
To increase sales
To decrease expenses
Before posting an RVS there are important things to check. Which one is not included.
Which of the following is not done before posting an RVS
Open excel file to check GL entries
Compare OR amount to excel amount
Open old NAV to compare report
Click "Preview posting" to check for an error
{"name":"RVS Quiz", "url":"https://www.quiz-maker.com/QPREVIEW","txt":"Test your understanding of RVS (Receipt Verification System) processes with our engaging and informative quiz! This quiz is designed for finance and accounting professionals looking to refresh their knowledge.11 thoughtfully crafted questionsMultiple choice, checkboxes, and drop list formatsImmediate feedback on correct answers","img":"https:/images/course1.png"}