TEST BANK
Using Sage 50 Accounting 2026
Annual Edition - 1st Edition
Kathy Zigby | Mary Purbhoo
ISBN 9780135589533
598 Multiple-Choice Questions
Correct Answer Key Included After Each Chapter
18 chapter question sets supplied
,TABLE OF CONTENTS
Chapter 1 Getting Started: Introduction to Sage 50 24 questions
Chapter 2 GST, HST and PST 16 questions
Chapter 3 Binh's Bins: General Journal 45 questions
Chapter 4 Love It Again: General Ledger Setup 38 questions
Chapter 5 Groen Fields: Accounts Payable 39 questions
Chapter 6 Phoebe's Photo Studio: Accounts Receivable 43 questions
Chapter 7 Air Care Services: Receivables & Payables Setup 38 questions
Chapter 8 Helena's Academy: Payroll Journal 36 questions
Chapter 9 Northern Lights: Payroll Ledger Setup 36 questions
Chapter 10 Kara's Kitchens: Inventory 35 questions
,TABLE OF CONTENTS
Chapter 11 Peace of Mind Property Management: Orders, Quotes & Deposits 35 questions
Chapter 12 Maple Leaf Rags: Currencies, Remittances & Accountant's Copy 42 questions
Chapter 13 Shady Corners: Allocations & Electronic Payments 35 questions
Chapter 14 Sound, Inc.: Budgeting 21 questions
Chapter 15 Tesses Tresses: Reconciliation & Deposits 26 questions
Chapter 16 VeloCity: Payroll & Inventory Setup 34 questions
Chapter 17 Stratford Country Inn: Comprehensive Practice not present in
supplied source
Chapter 18 Ryder's Routes: Time & Billing 36 questions
Chapter 19 Able & Associates: Departmental Accounting 19 questions
, CHAPTER 1 Getting Started: Introduction to Sage 50 QUESTIONS
CHAPTER 1 QUESTIONS (Getting Started)
1. When first opening the Sage 50 program you will be asked to choose –
a. select an existing company
b. to create a new company
c. restore from backup
d. any one of the above
2. To see that your working copy contains all the files from the data folder –
a. open the sample company
b. open the appropriate drive to verify data folders and files
c. show the select company window at startup
d. create a new company
3. The save function automatically –
a. saves changes to the data file and the backup file at same time
b. saves changes as another file and keep it open
c. takes place each time you close a data file
d. restores a file that was previously saved
4. The Sage 50 help function will –
a. give information on using the Sage 50 program
b. give other information about the program
c. give information about accounting procedures and practices
d. give you advice on all of the above items
5. Sage 50 Advice, the Help Menu, the Status Bar and the Tool Buttons –
a. are other textbooks on the Sage 50 Program
b. are various methods available for on-screen assistance
c. allow you to make changes to the journal entries
d. allow you to make changes to the ledger accounts
6. The home window main menu bar contains such functions as –
a. file, view, setup, business assistant, maintenance, reports, history, help, support
b. tool buttons, sizing buttons, open buttons, close buttons
c. recording general journal entries
d. recording general ledger entries
7. The Sage 50 home window does not display –
a. icons for the ledger accounts
b. icons for ledgers and journals
c. icons for individual accounts
d. icons for the journals
8. Which one of the following comments is not true of the Sage 50 program –
a. the help menu may be removed or hidden
b. the automatic advice option may be turned off or on
c. the shortcuts may be removed or changed
d. the home window modules may be removed or hidden
Copyright © 2027 1-1
Using Sage 50 Accounting 2026 - Test Bank Page 4
Using Sage 50 Accounting 2026
Annual Edition - 1st Edition
Kathy Zigby | Mary Purbhoo
ISBN 9780135589533
598 Multiple-Choice Questions
Correct Answer Key Included After Each Chapter
18 chapter question sets supplied
,TABLE OF CONTENTS
Chapter 1 Getting Started: Introduction to Sage 50 24 questions
Chapter 2 GST, HST and PST 16 questions
Chapter 3 Binh's Bins: General Journal 45 questions
Chapter 4 Love It Again: General Ledger Setup 38 questions
Chapter 5 Groen Fields: Accounts Payable 39 questions
Chapter 6 Phoebe's Photo Studio: Accounts Receivable 43 questions
Chapter 7 Air Care Services: Receivables & Payables Setup 38 questions
Chapter 8 Helena's Academy: Payroll Journal 36 questions
Chapter 9 Northern Lights: Payroll Ledger Setup 36 questions
Chapter 10 Kara's Kitchens: Inventory 35 questions
,TABLE OF CONTENTS
Chapter 11 Peace of Mind Property Management: Orders, Quotes & Deposits 35 questions
Chapter 12 Maple Leaf Rags: Currencies, Remittances & Accountant's Copy 42 questions
Chapter 13 Shady Corners: Allocations & Electronic Payments 35 questions
Chapter 14 Sound, Inc.: Budgeting 21 questions
Chapter 15 Tesses Tresses: Reconciliation & Deposits 26 questions
Chapter 16 VeloCity: Payroll & Inventory Setup 34 questions
Chapter 17 Stratford Country Inn: Comprehensive Practice not present in
supplied source
Chapter 18 Ryder's Routes: Time & Billing 36 questions
Chapter 19 Able & Associates: Departmental Accounting 19 questions
, CHAPTER 1 Getting Started: Introduction to Sage 50 QUESTIONS
CHAPTER 1 QUESTIONS (Getting Started)
1. When first opening the Sage 50 program you will be asked to choose –
a. select an existing company
b. to create a new company
c. restore from backup
d. any one of the above
2. To see that your working copy contains all the files from the data folder –
a. open the sample company
b. open the appropriate drive to verify data folders and files
c. show the select company window at startup
d. create a new company
3. The save function automatically –
a. saves changes to the data file and the backup file at same time
b. saves changes as another file and keep it open
c. takes place each time you close a data file
d. restores a file that was previously saved
4. The Sage 50 help function will –
a. give information on using the Sage 50 program
b. give other information about the program
c. give information about accounting procedures and practices
d. give you advice on all of the above items
5. Sage 50 Advice, the Help Menu, the Status Bar and the Tool Buttons –
a. are other textbooks on the Sage 50 Program
b. are various methods available for on-screen assistance
c. allow you to make changes to the journal entries
d. allow you to make changes to the ledger accounts
6. The home window main menu bar contains such functions as –
a. file, view, setup, business assistant, maintenance, reports, history, help, support
b. tool buttons, sizing buttons, open buttons, close buttons
c. recording general journal entries
d. recording general ledger entries
7. The Sage 50 home window does not display –
a. icons for the ledger accounts
b. icons for ledgers and journals
c. icons for individual accounts
d. icons for the journals
8. Which one of the following comments is not true of the Sage 50 program –
a. the help menu may be removed or hidden
b. the automatic advice option may be turned off or on
c. the shortcuts may be removed or changed
d. the home window modules may be removed or hidden
Copyright © 2027 1-1
Using Sage 50 Accounting 2026 - Test Bank Page 4
