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Computer Accounting with Peachtree by Sage Complete Accounting 2012 16th Edition Yacht Test Bank

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Computer Accounting with Peachtree by Sage Complete Accounting 2012 16th Edition Yacht Test Bank

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  • August 7, 2024
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  • Computer Accounting with Peachtree by Sage Complet
  • Computer Accounting with Peachtree by Sage Complet
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Computer Accounting with Peachtree
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16th Edition Yacht Test Bank
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, Chapter 08


Stone Arbor Landscaping: Time & Billing



True / False Questions



1. In Chapter 8, you focus on the second sample company, Stone Harbor Lakes.


True False


2. Time & Billing gives you a way to track expenses and time when working with
your vendors and suppliers.


True False


3. The purpose of PCA's time & billing feature is to give you the tools to record
customer-related work or expenses.


True False


4. To track time and expenses, PCA uses two forms or tickets: the time ticket
and the expense ticket.


True False

, 5. Time tickets are used to track and aid in the recovery of customer-related
expenses.


True False


6. Expense tickets are used to record time-based activities such as research or
consultations.


True False


7. Both time and expense tickets can be used in the Sales/Invoicing window to
bill your customers.


True False


8. In Stone Arbor Landscaping, there are two special inventory item classes for
Time & Billing: activity items and charge items.


True False


9. To look at the inventory maintenance information for Stone Arbor
Landscaping, the Maintain; Inventory Items window is used.


True False


10. Expense tickets are based on time.


True False

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