1.

Your company wants to pay an invoice that is not included on the Pre-Check Register, what would you do? 

Issue a manual Cheque 

Hold the cheque 

Use the Force payment option while generating cheques 

2.

Your boss made a purchase and paid immediately by a handwritten cheque, what should you do? 

Create a System Generated Payment batch and print and post the cheque 

Enter the cheque in a Manual Payment batch and print and post the cheque 

Enter the cheque in a manual cheque batch 

All the above 

None of the above

3.

If a company does not intent to make payment of any invoice from a particular vendor, you can: 

Put the vendor on hold 

Put the invoice on hold 

Force the invoice 

All of the above 

4.

Before adding a customer to A/R you must select or add: 

A Customer Tax Group 

A Customer Invoice 

A Customer Account Set 

A Customer Group 

5.

A miscellaneous payment is used for: 

A one-time purchase and payment to an existing vendor 

A one-time purchase and payment to a vendor for an existing invoice 

A one-time purchase and payment for a new invoice and vendor 

6.

A Cheque Register shows: 

All cheques not yet posted 

All outstanding cheques 

All the cheques issued for payments 

All of the Above 

None of the Above 

7.

The reconciliation tab in the Bank Reconciliation shows: 

Withdrawals and deposits Accounts 

Receivable and Accounts Payable 

Interest and expenses 

None of the above 

8.

A customer returns some of the goods they purchased instead of a refund your company can offer:

 A Debit Note Unapplied Cash

 A Credit Note 

A Miscellaneous Payment 

None of the above

9.

Which documents can be applied to an existing or future invoice? 

A Debit Note, Credit Note or Prepayment 

A Debit Note, Credit Note, Prepayment,

A Miscellaneous Note 

A Debit Note, Credit Note, Prepayment,

 A Miscellaneous Note and Unapplied Cash note 

None of the above 

10.

To add a down payment on an invoice while entering the invoice in A/P: 

You must exit the batch of entries first 

You must add the invoice first 

You can add the down payment before adding the batch or the invoice 

None of the above.