Question
8.If the wrong inventory is selected in a purchase, you can make the correction before posting by Select one: a. opening a new purchase invoice
8.If the wrong inventory is selected in a purchase, you can make the correction before posting by
Select one:
a. opening a new purchase invoice and entering the correct work
b. selecting the incorrect field, entering the correct item, re-entering the quantity
c. removing the purchase invoice from the edit menu and choosing redo
d. re-selecting the supplier from the suppliers list and recording the purchase from scratch
9.The most recent purchase price becomes the default for the next invoice when
Select one:
a. you type in the amount and the quantity, there is no need to calculate unit price
b. a sale causes the inventory level to drop below zero
c. a new price has been entered for an inventory purchase
d. the inventory is over stocked
10.When you complete an item assembly journal entry to assemble new inventory
Select one:
a. the quantity of assembled items will decrease
b. the quantity of assembly components will increase
c. you must transfer inventory items one at a time
d. additional setup costs are divided equally among the assembled items
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