about Sage50 Complete Accounting software

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Question 1 Not yet answered Marked out of 6.00 Flag question The company is about to sell some items to a customer it has never done business with before. What do you think is the first thing it needs to do? O a. None of the above b. Create a Sales Order Create a Sales Quote O d. Set up a new Customer O e. Set up Customer Defaults Question 3 Not yet answered Marked out of 6.00 Flag question The company is about to order some items from a vendor it has never done business with before. What do you think is the first thing it needs to do? a. Set up a new Vendor a O b. Create a Purchase Order O c. None of the above d. View and Edit Vendors e. Set up Vendor Defaults Question 4 Not yet answered Marked out of 6.00 P Flag question The company just paid for a purchase bill it received a few days ago. The company will record this transaction using: a. None of the above O b. Vendors & Purchases Purchase Orders New Purchase Order O c. Vendors & Purchases Pay Bills Pay Bill d. Vendors & Purchases Write Checks New Check e. Vendors & Purchases Enter Bills New Bill Question 6 Not yet answered Marked out of 6.00 P Flag question Due to the pandemic, most of the vendors that the company is doing business with have changed their credit policy from 30 days payment (from the billing date) to 15 days. Where do you think this information should be updated? a. Vendors & Purchases Vendors Set up a new Vendor b. Vendors & Purchases - Vendors Set up Vendor Defaults c. None of the above d. Vendors & Purchases Vendors View and Edit Vendors e. Options Maintain Global Options Question 7 Not yet answered Marked out of 6.00 P Flag question The company just purchased some office supplies for internal use. The company does not track inventory for office supplies. While trying to record this purchase you notice that there is no item in the list corresponding to office supplies. What would you do in this situation? a. Set up a new item named "Office Supplies" (to add it to the list) b. Leave the item field blank (fill only the description) O c. Type "Office Supplies" in the item field even though it's not in the list Od. Do not record this transaction e. None of the above