Question
QUESTION 16 When adding an account you must select: Structure Code and Normal Balance Account Type and Normal Balance Normal Balance, Account Type, Structure Code
QUESTION 16
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When adding an account you must select:
Structure Code and Normal Balance
Account Type and Normal Balance
Normal Balance, Account Type, Structure Code and Account Group
QUESTION 17
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Where would you find a batch that has been created using the Create Payment Batch function?
In the Adjustment Batch Listing window
In the Receipts Batch Listing window
In the Payment Batch Listing window
In the General Ledger Batch Listing windiw
QUESTION 18
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When entering tax classes for sales and purchases transaction types, you must:
Enter tax classes for customers and Items and Vendors and Items
Enter tax classes for customers and vendors only
Enter tax classes for Vendors and cutomer items nly
None of the above
QUESTION 19
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Accounts Payable uses terms to:
Calculate Invoice dates, due dates, and discount dates of transactions
Calculate due dates and discount dates of transactions
All of the above
None of the above
QUESTION 20
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One way to view the balance of your bank account is to...
Use the Account History Inquiry icon from the Accounts Payable folder
Use the Account History Inquiry icon from the G/L Accounts folder
Use the Account History Inquiry icon from the Accounts Receivable folder
All of the Above
QUESTION 21
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Select the matching answer for each question.
- A. B. C. D. E. F. Shows all account and their balances
- A. B. C. D. E. F. Shows posted transactions
- A. B. C. D. E. F. The financial Report that shows Assets and Liabilities
- A. B. C. D. E. F. Used to update the general ledger accounts
A. Control Account
B. Post button
C. Trial Balance
D. Blance Sheet
E. Posting Journal
F. Income Statement
QUESTION 22
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A Debit Note will:
Increase Accounts Payable and Decrease Accounts Receivable
Increase Accounts Receivable and Decrease Accounts Payable
Increase Accounts Payable and Increase Accounts Receivable
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