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SAGE 50 FINAL REVIEW Questions and Correct Answers 2024/2025 $11.49   Add to cart

Exam (elaborations)

SAGE 50 FINAL REVIEW Questions and Correct Answers 2024/2025

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SAGE 50 FINAL REVIEW Questions and Correct Answers 2024/2025

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  • September 24, 2024
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  • 2024/2025
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SAGE 50 FINAL REVIEW

When first opening the Sage 50 program you'll be asked to pick - ANSselect an present
organization, create a new organisation, repair from backup

The Sage 50 home window does now not display - ANSicons for person bills

Which one of the following comments isn't real of the Sage 50 application - ANSthe help menu
can be eliminated or hidden

When you restore a report from a backup, you need to - ANSpress returned to alternate any of
your picks

Home window tool icons in Sage 50 - ANSare shortcuts for getting access to features supplied
through a few menu alternatives

Businesses should check in for GST and observe GST to sales if - ANSthey have annual sales
over $30,000

Items that aren't taxable for GST - ANSare broadly speaking primary necessities

HST differs from GST in that - ANSit has a extraordinary tax price, it includes a element for
provincial sales tax

Provincial income taxes- - ANSon purchases which are treated as commercial enterprise costs

GST/HST differs from different income taxes in that- - ANSit applies at all tiers of income

Sales taxes on goods and services in Canada- - ANSare charged at the rate relevant to the
province of destination

Sage 50 offers a whole audit path through- - ANSrecording original transactions in a magazine,
posting the magazine amounts into a ledger, numbering & referencing each transaction

A variety of reports and financial statements may be viewed by- - ANSselecting the reports
menu and commencing the perfect preference

Which declaration isn't always authentic approximately the session date- - ANSit have to be set
on every occasion you document an entry

To enter a date for an accounting transaction, you must- - ANSchoose a date from the pop-up
calendar, type the date in text, input as -digit numbers

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