Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Answer all multiple choice questions. Explain why each answer is correct. Q 23 When you adjust a posted general journal entry, you can - A)change

Answer all multiple choice questions. Explain why each answer is correct.

Q 23 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

Q 24 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 - when you use the same source number,the original entry is cancelled

Q 25 The date field drop-down list of dates is available -

A)whenever the date calendar appears

B)in report date fields and session date windows

C)in the general journal date field

D)all of the above

Q 26 Choosing the Modify Report option in a displayed report will -

A)display the report options window again

B)close the report and return you to the home window so you can choose from the Reports menu again

C)allow you edit the settings in the displayed report

D)none of the above

Unlock to view answer

Q 27 You can access the option to Modify reports from the -

A)modify report options window

B)the Reports menu in the home window

C)the displayed report File menu

D)none of the above

Q 28 When short dates such as 11-05-12 are used in Sage 50,to check whether month or day comes first you could -

A)type Nov 5 12 in a date field in Sage 50

B)type 11-05 in a date field in Sage 50

C)choose Nov 5 from the date field calendar

D)do either a or c above

Q 29 Choosing Restore from the home window file menu will -

A)restore a compressed backup file to a working data file

B)restore the size of the window you are currently working in

C)delete the changes from your current work session and restore the data file from your previous session

D)restore the classic view home window from an enhanced view module window

Q 30 To see the corrected version of a journal entry prior to posting with the adjust a posted entry tool -

A)choose show corrections in the journal report options window

B)choose show corrections from the reports menu

C)choose show corrections from the displayed journal report options menu

D)do nothing, the corrected journal entry is always included in the report

Q 31 You can customize reports by -

A)selecting the columns to be displayed in a report

B)changing the order in which report information is displayed

C)choosing criteria for including information in the report

D)doing any of the above

Q 32 To customize reports you should -

A) make a new report template and save it

B)display the default report and then redo it with the new options

C)use the last used report options template

D)none of the above

Q 33 Sorted and filtered reports differ in that -

A)sorting organizes the report details and filtering selects the records included

B)sorting is a customizing option and filtering is a report option

C)different criteria are used for sorting and filtering

D)they are both methods of customizing reports

Q 34 When you adjust a general journal entry,Sage 50 -

A)deletes the original entry and saves the correction

B)always includes the original entry and the corrections in reports for a full audit trail

C)includes the original and reversing entry in reports only when you choose to show corrections

D)renumbers the correction so that it replaces the original journal entry number in the report

Q 35 To reverse a general journal entry, you should -

A)click the reverse entry tool in an empty journal window to open the search screen

B)click the reverse entry tool in the home window to open the search window

C)click the reverse entry tool in the displayed journal report to open the adjust entry screen

D)click the reverse entry tool in the adjusting entry screen

Q 36 Which of the following statement about the report centre is correct -

A)all reports are available

B)you can bypass the modify report options screen

C)you can bypass the report sample and description screen

D)the last report you viewed is displayed as the default report

Q 37 The reports pane list of reports -

A)provides access to all reports for that module

B)displays reports using the same report options you used last time

C)displays reports with all the default options

D)opens the modify reports options screens for reports

Q 38 From the Report Centre, you can access -

A)all reports for all modules

B)all reports for the module you started from

C)management reports and advice for the open module

D)modify report options screens for reports

Q 39 You can access the Report Centre -

A)from any enhanced view module home window

B)from the classic view home window

C)from the Reports menu in any home window

D)all of the above

Q 40 To change a session date, you can -

A)choose change session date from the maintenance menu

B)choose change session date from the file menu

C)choose change session date from the setup menu

D)choose change session date from the business activities menu

Q 41 To see the drill down reports that are available, you would -

A)double click any number in a displayed report

B)double click any heading in a displayed report

C)hold the mouse over different parts of a displayed report

D)right-click any part of a displayed report to see a pull-down menu of available reports

Q 42 The session date appears as the default in a journal transaction window -

A)for all journal transactions

B)each time you close the journal and then re-open it

C)only when you open the journal for the first time after you change the session date

D)after you post a previous journal transaction

Q 43 When you do not change the default session date in a journal transaction -

A)the transaction will be posted with the session date as the transaction posting date

B)it does not matter because transactions are always posted with the session date

C)it does not matter because the session date is always the same as the posting date

D)you will be reminded to change the date when you try to post the transaction

Q 44 If you reversed the order of transactions in your latest General Journal Report,the next time you view the report -

A)the transactions will be displayed in their standard (not reversed)order

B)the transactions will be displayed in the reversed order

C)you will need to modify the report options again before you can view the report

D)you should view the transactions from the home window Recently Viewed Reports pane to see the standard (not reversed)order

Q 45

You can review the report options you used most recently by -

A)selecting the report from the home window Recent Reports list

B)modifying the report options again

C)displaying the report using the default settings

D)none of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Forensic Accounting And Fraud Examination

Authors: Paul Barnes

1st Edition

1118454138, 978-1118454152

More Books

Students also viewed these Accounting questions

Question

Find the probabilities. P (Z Answered: 1 week ago

Answered: 1 week ago

Question

Did I choose this value, or did I copy it from someone else?

Answered: 1 week ago