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01 Multiple-Choice Questions (5 marks) I. Which of the following search methods will not allow a user to access a Sales Invoice previously recorded in

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01 Multiple-Choice Questions (5 marks) I. Which of the following search methods will not allow a user to access a Sales Invoice previously recorded in MYOB (and still unpaid): Select Find Transactions then search by customer card and enter required date range b. Select Transaction Journal then select the Receipts tab and enter required date range c. Select Transaction Journal then select the Sales tab and enter required date range d. Select Analysis then select Receivables and choose the relevant customer card a Your answer 2. Which option is selected from the Menu Bar when wishing to access Transaction in MYOB? Recap a. Lists b. File Setup d. Edit Your answer c. 3. Which payment methods are suitable for the use of the Group with Undeposited Funds function in MYOB? Cheque b. Credit card (EFTPOS) c. Cash (notes and coins) d. a. and c Your answer a. 4. Which of the following transactions cannot be recorded using the Banking - Receive Money option in MYOB? Cash sale of inventory b. Cash collection of rent Cash sale of a service a. c. d. All of the above Your answer[1 5. Which of the following documents in MYOB is programmed to Debit the nominated subsidiary ledger and Credit the Bank (or other selected) account? a. Sales - Receive Payments b. Purchases-Enter Purchases c. Purchases - Pay Bills d. Banking-Spend Money Your answer 1

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