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Question 1 When setting up inventory items, Sage 50 allows only one selling price for each item sold. True False Question 2 When inventory stock

Question 1

  1. When setting up inventory items, Sage 50 allows only one selling price for each item sold.

    True

    False

Question 2

  1. When inventory stock items are purchased on account, the inventory account is debited and accounts receivable/customer is credited.

    True

    False

Question 3

  1. If you want to know when an action is performed, use the audit trail.

    True

    False

Question 4

  1. Adjustments to inventory do not affect the average cost of the item.

    True

    False

Question 5

  1. Access to individual Navigation Center selections can be limited.

    True

    False

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