Check if all answers are correct or incorrect. Mark all correct answers with a check mark ? and mark all wrong answers with an ?. If an answer is wrong explain why.

QUESTION 6 (10 POINTS) The default Currency... a Can be changed after setting up the Company Prole in Sage 300 ERP (aw Cannot be changed alter setting up the Company Prole in Sage 300 ERP (\"l Must be changed alter setting up the company Company Prole in Sage 300 ERP (1 None of the above QUESTION 7 (10 POINTS) What do you have to activate before you can use the Accounts Receivable module (7 A. General Ledger and Accounts Payable (1 B. General Ledger and Tax services (a C. General Ledger. Bank Services and Tax services (1 D.Bank Services and Tax Services only QUESTION 8 (10 POINTS) Select the matching answer for each question. 7 Used to A. General Ledger show a B. Finder button drop down list of (2. Post button Options in '5 D.Batch Listing wmdow v Used to update the general ledger accounts - Shows all account and their balances j E. Trial Balance . Shows posted transactions 3H QUESTION 9 (10 POINTS) The Account Type for the Retained Earnings Account is Income Statement (' (3' True False QUESTION 10 (10 POINTS) When adding the Retained Eamings account. you would select the: (1 Shareholders Equity Group and Balance Sheet Type (cl Shareholders Equity Group and Retained Earnings Type O Shareholders Equity Group and Income Statement Type Question 1 (10 POINTS) While entering a transaction. if the entry mode is Quick. you must type the Reference and Description again when you move to the next line P True 5 False Question 2 (10 POINTS) What are the steps to create a new year? ('- GL Periodic Processing, Create New Year, Proceed (a Set the closing account, choose GL Periodic Processing, Create New Year, Proceed (' Set the closing account, choose GL Periodic Processing. Maintenace. Proceed Question 3 (10 POINTS) The two types databases that Sage 300 ERP uses are: (' OMNSYS DATABASE and OMNDAT DATABASE ('6'- COMPANY DATABASE AND SYSTEM DATABASE ('- All of the above r' None of the above QU ESTION 4 After activation the Bank services and Tax services are found under Administrative Services P True 6 False QUESTION 5 (10 POINTS) What are the steps to activate a module? (' Click Administrative Services then choose the module to activate r Double click Administrative Services then choose the module to activate (a Double click Administrative Services, Click check box to proceed, choose the module to activate