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Sales income is recognized in general ledger accounts when posting a: Sales order Sales quote Sales invoice Purchase order Question 2. 2. To display the

Sales income is recognized in general ledger accounts when posting a: Sales order Sales quote Sales invoice Purchase order

Question 2. 2. To display the Job Profitability Report, what would you select from the menubar?
Reports & Forms; Payroll Reports, Job Profitability Report, Preview Reports & Forms; Jobs, Job Profitability Report, Display Reports & Forms; Jobs, Job Lists, Preview Reports & Forms; Payroll, Jobs Profitability Report, Display

Question 3. 3. When an inventory item is assigned to the item class of Stock, what is the treatment of cost of goods sold?
Does not post at the time of invoicing Posts at the time of invoicing Posts at the time of ordering Posts at the time of quoting

Question 4. 4. You need to set up a Job ID for Franklin Botanical Gardens in Chapter 6, so that you can track:
The employees' expenses and miles driven to the job How much the merchandise cost How much the merchandise sold for The supplies and employee hours charged to this customer

Question 5. 5. If an inventory item is damaged, what would you select from the following selections on the Navigation Bar to record the damage:
Inventory & Services Navigation Center, click on the Prices icon Inventory & Services Navigation Center, click on the Inventory Count icon Inventory & Services Navigation Center, click on the Inventory Adjustments icon Inventory & Services Navigation Center, click on the Track Packages icon

Question 6. 6. The purchase of inventory on account is recorded as a:
Debit to Inventory, credit to Accounts Payable Debit to Accounts Payable, credit to Inventory Debit to Inventory, credit to Accounts Receivable None of the above

Question 7. 7. On the Navigation Bar, which of the following selections would make a general journal entry?
Inventory & Services Navigation Center, click on the Chart of Accounts icon and select View and Edit Accounts Banking Navigation Center, link to General Journal Entry, select New General Journal Entry Banking Navigation Center, click on the Write Checks icon and select New Check System Navigation Center, link to Restore a backup and click on the General Journal Entry icon.

Question 8. 8. You can open the General Journal Entry window by clicking:
General Journal Entry under Shortcuts Tasks>>General Journal Entry on the main menu File>>Open>>General Journal Entries on the main menu Both A and B

Question 9. 9. After entering a transaction in the General Journal Entry window, you post the transaction by clicking the icon named:
Save Post Recur Keep

Question 10. 10. All of the following are internal controls features in PCA except:
Setting up user names, passwords, and access rights Backing up files on a weekly basis Limit access to information in pcas navigation centers Audit trail reports that show what each user entered

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