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1 - The Sage 5 0 home window does not display - Select one: A ) icons for the ledger accounts B ) icons for

1- The Sage 50 home window does not display - Select one:
A) icons for the ledger accounts
B) icons for the journals
C) icons for individual accounts
D) icons for ledgers and journals
2- The backup function will automatically - Select one:
A) create a compressed backup version of the current file and keep the original file open
B) save changes as another file and keep the new file open
C) create a compressed backup version of the current file and close the current file
D) restore a file that was previously saved
3- Businesses must register for GST and apply GST to sales If:
A) they have annual sales over $30000
B) they import goods from outside of Canada
C) they sell to customers In Canada
D) all businesses in Canada must register for GST
4- GST/HST differs from other sales taxes in that - Select one:
A) the same rate applies to all goods and services sold
B) it applies at all levels of sales
C) GST/HST is applied in the same way as other sales taxes
D) all goods and services have GST/HST applied
5- In Sage 50: which statement is true about the new account wizard
Select one:
A) you cannot add new accounts from the account field in a journal.
B) you must add new accounts before opening a journal
C) you may skip directly to the Finish screen in the wizard if the default settings are correct.
D) you must make a choice for each screen in the wizard
6- To correct a general journal entry, you should -
A) choose the adjust an entry option, choose the transaction, edit it and post
B) make a reversing entry and then enter the transaction correctly
C) make a reversing entry to cancel the original incorrect entry
D) enter the transaction correctly
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