Exam (elaborations)
AIN2601 Assignment 7 2024
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AIN2601 Assignment 7 Semester 1 2024
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1. UNISA2. 2024
3. AIN2601-24-S1
4. Welcome Message
5. Assessment 7
Assessment 7
Started on Monday, 27 May 2024, 8:00 AM
State Finished
Completed on Monday, 27 May 2024, 9:20 AM
Time taken 20 mins 1 secs
3 out of 50.00 6%)
Question 1
Incorrect
Mark 0.00 out of 1.00
Taking on balances is a process of replicating the closing balances of the company in the old system as the opening balances in the new
system.
Select one:
True
False
Question 2
Incorrect
Mark 0.00 out of 1.00
Which Pastel Partner main menu will you use to update a specific customer account’s credit limit
a. Process
b. Change
c. setup
d. Edit
,Question 3
Incorrect
Mark 0.00 out of 1.00
MENU
Which Pastel Partner Main menu will you use to print a balance sheet?
a. File
b. Edit
c. view
d. Process
Question 4
Incorrect
Mark 0.00 out of 1.00
Which Pastel Partner main menu will you use to take on opening balances
a. Process
b. Change
c. View
d. Setup
,MENU
Which Pastel Partner main menu will you use to edit customers early payment terms
a. View
b. File
c. Change
d. Edit
Question 6
Incorrect
Mark 0.00 out of 1.00
Once you have set up a customer as an open item customer you cannot change the account to balance forward.
Select one:
True
False
, Question 7
Incorrect
Mark 0.00 out of 1.00
MENU
What is the maximum number of different price lists you can have in Pastel Partner 50c?_________
a. 20
b. Unlimited
c. 10
d. 99
Question 8
Correct
Mark 1.00 out of 1.00
Pastel Partner allows you to create up to_________ general ledger main accounts
a. Unlimited
b. 9999
c. 99
d. 1000
Question 9
Correct
Mark 1.00 out of 1.00
By law it is required to enter the customer’s VAT number on the invoice if the amount is over R
5000
The correct answer is: 5000
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