SAGE 50 Final Review
51 Terms in this set
, 1
SAGE 50 Final Review Exam Questions & Answers
Latest Update Rated A+
When first opening the Sage 50 program you will be asked to choose - ✔✔✔select an
existing company, create a new company, restore from backup
The Sage 50 home window does not display - ✔✔✔icons for individual accounts
Which one of the following comments is not true of the Sage 50 program - ✔✔✔the
help menu may be removed or hidden
When you restore a file from a backup, you must - ✔✔✔press back to change any of
your selections
Home window tool icons in Sage 50 - ✔✔✔are shortcuts for accessing features provided
by some menu options
Businesses must register for GST and apply GST to sales if - ✔✔✔they have annual sales
over $30,000
Items that are not taxable for GST - ✔✔✔are mostly basic necessities
HST differs from GST in that - ✔✔✔it has a different tax rate, it includes a portion for
provincial sales tax
Provincial sales taxes- - ✔✔✔on purchases that are treated as business expenses
Page 1 of 6
51 Terms in this set
, 1
SAGE 50 Final Review Exam Questions & Answers
Latest Update Rated A+
When first opening the Sage 50 program you will be asked to choose - ✔✔✔select an
existing company, create a new company, restore from backup
The Sage 50 home window does not display - ✔✔✔icons for individual accounts
Which one of the following comments is not true of the Sage 50 program - ✔✔✔the
help menu may be removed or hidden
When you restore a file from a backup, you must - ✔✔✔press back to change any of
your selections
Home window tool icons in Sage 50 - ✔✔✔are shortcuts for accessing features provided
by some menu options
Businesses must register for GST and apply GST to sales if - ✔✔✔they have annual sales
over $30,000
Items that are not taxable for GST - ✔✔✔are mostly basic necessities
HST differs from GST in that - ✔✔✔it has a different tax rate, it includes a portion for
provincial sales tax
Provincial sales taxes- - ✔✔✔on purchases that are treated as business expenses
Page 1 of 6
