Exam (elaborations)
AIN2601 Assignment 1 2024
- Institution
- University Of South Africa (Unisa)
AIN2601 Assignment 1 2024
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By: raulina962 • 7 months ago
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Dashboard / Courses / UNISA / 2024 / Semester 1 / AIN2601-24-S1 / Welcome To AIN2601!! / Assessment 1
Started on Wednesday, 12 April 2023, 8:01 PM
State Finished
Completed on Thursday, 4 April 2024, 8:55 PM
Time taken 43 mins 28 secs
Grade 49.00 out of 50.00 (99%)
Question 1
Incorrect
Mark 0.00 out of 1.00
The initial finance obtained is recorded in the
Sales
Question 2
Incorrect
Mark 0.00 out of 1.00
When should the reconcile button be used in Pastel?
1. periodically
2. often
3. never
4. sometimes
, lOMoARcPSD|39633941
MENU
The processing of customer’s transactions can be controlled but not what will be displayed in the customer statements.
Dashboard / Courses / UNISA / 2023 / Semester 1 / AIN2601-23-S1 / Welcome To AIN2601!! / Assessment 3
Select one:
True
False
Question 4
Correct
Mark 1.00 out of 1.00
Creating a customer account for each customer on Pastel is actually creating a subledger account.
Select one:
True
False
Question 5
Correct
Mark 1.00 out of 1.00
An accounting transaction processing system (ATPS) is more commonly known as an
Accounting
information system.
, lOMoARcPSD|39633941
Question 6
Correct
Mark 1.00 out of 1.00
MENU
Viewing a report on pastel allows one to check that everything has been correctly and completely captured.
Select one:
True
False
Question 7
Correct
Mark 1.00 out of 1.00
Viewing a report cannot assist one to determine whether the data captured has been recorded correctly and completely
Select one:
True
False
Question 8
Incorrect
Mark 0.00 out of 1.00
You have an account (30 day term) at TEDGARS Fashion, you’ve always used shopping as a form of retail therapy and now you owe R5600
made up as follows:
- R 1800 on invoice IN890 dated 4 Jan 2023
- R 1100 on invoice IN1059 dated 11 Jan 2025
- R 300 on invoice IN1189 dated 17 Jan 2023
- R 2400 on invoice IN1489 dated 9 Feb 2023
What is the amount outstanding at 28 February 2023?
R4500
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