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SAGE 50 CH 11 QUESTIONS AND CORRECT ANSWERS

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SAGE 50 CH 11 QUESTIONS AND CORRECT ANSWERS

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18. A sales journal entry will not balance if we -
A) include a discount
B) omit the GST charged on sales
C) include a second sale item in the invoice
D) this entry will balance whether we omit or include any of the above items


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D) this entry will balance whether we omit or include any of the above
items




5. The purchase order and the purchase invoice that fills the order differ as to -
A) the shipping date
B) the amount of the purchase order/invoice
C) the amount of the GST paid
D) the address of the vendor

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A) the shipping date




8. When correcting a sales quote error before posting you should -
A) open a new sales quote and enter the correct work
B) remove the sales quote from the edit menu
C) select the incorrect field(s) in the journal and input the correct data
D) re-select from customers list


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C) select the incorrect field(s) in the journal and input the correct data




22. When you convert a purchase quote to a purchase order you can edit all of the
following except -
A) the ship date
B) the quantity ordered
C) the quote/order number
D) none of those listed here (you can edit any of these)


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C) the quote/order number




20. When you enter additional information in a journal -
A) to edit this information you should click the additional information tool in the home
window
B) the program will remind you if you forget to add the additional information

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