Sage Questions and Answers Already Passed

Sage Questions and Answers Already Passed Correcting a data error in a payroll journal entry before posting, you should? Select the incorect fields and enter the correct data The payroll journal entry and report screen show that only the employer? Contributed to WCB PAYABLE In the payroll charge run journal, you cannot? -Enter amounts for advances and advances discovered -Enter amount for bonuses and commissions -Edit the salary amount for a period To make payroll tax remittances? Select pay remittances in the payments journal and then select the supplier. What steps are involved in setting up the payroll ledger -Enter payroll names and setting default -Enter the linked payroll accounts for liabilities and expenses -Enter the employee information and historical deduction Which one of the following statements about payroll linked accounts is correct? NONE OF THE ABOVE To create an employee benefits you would? NONE OF THE ABOVE Paid sick leave and paid vacation time are examples of? Entitlements To report on the number of unit sold, revenue, cost of good sold and net profit, you would display The? Inventory sales Report The best described inventory item linked accounts? -When you purchase the item, the asset account is debited -When you sell the item, The revenue account is credited -When you sell the item, the cost of good sold account is debited When setting up a new inventory item that is combined from other items? Set up an inventory ledger record, name the item, record the linked accounts When you see the message that a sale has caused one or more items to drop below the reorder point, you should? Review the inventory quantity reports to see the items that you need to reorder When a division is set up and we enter a purchase, the allocate tool? Will be highlights when an account that allows allocation is selected What is the rotal amount allocated from the entry shown? $640.20 The general statements about divisions is not true