Download Sage 300 ERP 2019 software. Answer ALL of these 10 questions. You must be knowledgeable in the using Sage erp 300 2019 software. You can find the Answers in here:https://drive.google.com/file/d/19XExyjp4n86wgscrkQ3WxDDPeiKrWEdv/view?usp=drivesdk

I would like explanation from the textbook for each solution.

QUESTION 1 . How can you nd your company's current fiscal year and previous year in Sage 300 ERP? D A. Fiscal Calendar D B. General Ledger SetupIGL options/Posting D C. Periodic Processing/New Year I] D. All of the above QUESTION 2 | ' Distribution codes are: D Codes that can be used to enter transactions D Identifies a type of transaction I] Codes which are not linked to an account number QUESTION 7 .Tax Classes for Items must be entered before you can add the Tax Rate. D True D False QUESTION 8 .When setting up for Auto Allocation, you must add at least One account two accounts three accounts DUDE] None of the above QUESTION 4 - When setting up beginning bank balance The Bank Entry type Withdrawals, must be selected The reconciliation status must be set as Outstanding A batch is created for the General Ledger and must be posted All of the above None of the above DECIDE] QUESTION 5 ' A Source Journal identies the type of transaction D True D False Question 3 An Error Batch is: t" A batch generated when there is an error during posting I\" A batch that has errors and must be deleted. I\" A batch of successfully posted transactions Question 6 When entering Tax classes both Purchases and Sales items must be entered t\" True False QUESTION 9 Taxable, Exempt are examples of: Tax Groups Tax Authorities Tax Classes All of the above mints QUESTION 10 To set an account as a control account, you would: D Choose the G/L accounts/Accounts/Auto Allocation Choose the G/L accounts/Accounts/Control Account/Inactive Choose the G/L accounts/Accounts/Control Account then type the subledger Choose the G/L accounts/Accounts/Auto Allocation then enter the accounts and percentage