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8. When you start a new fiscal period, the fiscal end date is automatically advanced - a. to create a new fiscal period of one

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8. When you start a new fiscal period, the fiscal end date is automatically advanced - a. to create a new fiscal period of one year b. to the end of the calendar year for the new start date c. to match your previous fiscal period, i.e., by three months if you had a quarterly period before d. to the new fiscal start date 9. When creating files for a new company, Sage 50 Accounting - a. provides two starter files b. provides templates for various industries c. provides the opportunity to build the company files from scratch d. all of the above 10. The payments journal may be used for the following - a. full cash payment to suppliers b. partial cash payment to suppliers c. purchase transactions paid by cheque d. all of the above 11. Drill-down reports - a. are available from both purchases and payments journal reports b. allow access to detail reports c. allow viewing of invoices d. all of the above 12. From the supplier aged summary report you can learn - a. the unpaid balance for each invoice b. the total owing to each supplier c. the due date for each outstanding invoice d. which invoices are fully paid

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