1-The home window main menu bar contains such functions as -

a. recording general ledger entries.

b. tool buttons, sizing buttons, open buttons, close buttons

c. file, view, setup, business assistant, maintenance, reports, history, help

d. recording general journal entries.

2-The date format used in a Sage 50 data file-

a. is set for the individual data file

b. cannot be changed after you set it up

c. applies to all Sage 50 data files

d. is the same as in other Windows programs on your computer

3-GST/HST differs from other sales taxes in that-

a. GST/HST is applied in the same way as other sales taxes

b. it applies to all levels of sales

c. the same rate applies to all goods and services sold

d. all goods and services have GST/HST applied

4-Sage 50 provides a complete audit trail by-

a. recording original transactions in journal

b. posting the journal amounts into a ledger

c. numbering and referencing each transaction

d. all of the above statements are correct

5-In the account field of the general journal input screen you cannot -

a. type in the first letter of the account name to advance to that section of the account list

b. select the name from the select account list

c. type in the account number

d. type the account name in the account field

6-When you adjust a posted general journal entry, you can-

a. change the date

b. change the account number or the amount

c. enter additional account lines

d. change any of the above

7-When you create the Chart of Accounts in Sage 50 -

a. group accounts and subgroup totals must be followed by a group total

b. group headings will be added to the group accounts

c. subgroup accounts must be followed by a group total

d. group accounts must be followed by subgroup accounts