This is generally a building, room or other area where an organization's employees perform administrative work.
What is an Office?
Name three types of paper.
Bond Paper
Parchment Paper
Flimsy Paper
Onion Skin Paper
Copier Paper
Rent, cost of machinery and vehicles are examples of what type of cost?
Fixed cost
This type of discount may be given if customers pay for goods with cash before the due date or the specified time given.
Cash Discount
What does GCT stands for ?
General Consumption Tax
This office tool consists of 2 blades and is used for cutting paper and other materials.
Scissors
Material manufactured in thin sheets from the pulp of wood or other fibrous substances.
What is paper?
These costs vary (change) with the level of
production. These cost increase as output increases.
Variable Cost
This is a reduction in the price of goods and services.
Discount
This is a compulsory payment that is made to the government by an individual or a company.
Taxation / Tax
Two office stationeries used for writing.....
pen, pencil, marker
What is one shape the traditional envelop is cut in?
a rhombus, a short-arm cross or a kite.
An amount that has to be paid or spent to buy or obtain something.
What is cost?
This discount is given when large orders are made or when customers buy in bulk (large quantities).
Quantify discount
What is the GCT rate in Jamaica?
15%
Name one important aspects of control of stationery.
Stationery handling, stationery use, avoiding wastage
This is design to contain a flat object, such as: a letter or a card.
Envelop
What is the importance of cost to a business?
It enables companies:
to know the costs of products / control, minimize and increase profits to reach the maximum possible profit / Make plans and budgets.
What is one reason for giving discount?
To encourage customers to pay for goods and services quickly.
To increase sales and profits.
To build customer loyalty.
To get rid of old stock (goods).
There are two categories of tax, name them.
Direct tax and indirect tax
A pad of paper on which messages can be written.
What is a Message Pad?
What is the measurement for Letter Size (A4) paper?
8.5 x 11 in
What is the cost of 3 dozen plums @$150 per dozen.
$450
If a customer gets a 25% discount on an item, what percentage is the customer expected to pay?
75 % of the cost.
This is a tax that a person or organization pays directly to the entity that imposed it.
Direct tax