Exam (elaborations)
Sage quiz 2 Questions & answers
Sage quiz 2 Questions & answers
[Show more]
Content preview
Sage quiz 2List the seven report viewer buttons. - ANS-Print, print preview, change print settings,
export, open in excel, modify and refresh.
What is the statement of cash flow? - ANS-A report that describes where your money
came from and where it went over a certain period in the past.
Reports cannot be modified if they are generated using the report centre. - ANS-False
The comparative balance sheet compares the current period with the previous
accounting period. - ANS-True
The multi-period income statement allows you to compare revenue, expense, and net
income details over several periods. - ANS-True
Financial reports in the Report Centre are limited to Balance sheets, Income statement,
Trial balances, and Statement of cash flows. - ANS-False
Reports can be customized and assigned to a report group. - ANS-True
Reports cannot be grouped for batch printing. - ANS-False
Explain the steps used to batch process recurring entries and vendor payments in the
Daily Business Manager. - ANS-1). Open Daily Business Manager
2). Select notes and to do lists
3). Click the tab for the type of process
4). Click the question mark beside all the transactions you want to process
5). If you want to print, click the print column
6). Click post
The daily business manager is used to: - ANS-Assist with processing payments more
efficiently
Easily process frequently used transactions
Create to do list
Evaluate business performance
Sage 50 includes a management report that lists customers who are over their credit
limit - ANS-False
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller EXAMQA. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for CA$13.52. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
84866 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now