Started on Friday, 4 October 2024, 8:00 PM
State Finished
Completed on Friday, 4 October 2024, 9:00 PM
Time taken 1 Hour
Grade 50.00 out of 50.00 (100%)
Question 1
Complete
Mark 1.00 out of 1.00
Flag question
Question text
Upon the return of inventory items by a customer, a Answer note
is created in the AIS and sent to the customer.
Feedback
The correct answer is: credit
Question 2
Complete
Mark 1.00 out of 1.00
Flag question
Question text
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 due at 28 February 2023? Answer
Feedback
The correct answer is: 3200
Question 3
Complete
Mark 1.00 out of 1.00
Flag question
Question text
A purchase analysis report is an AIS report that can be of great use in the
production cycle.
, AIN2601-S2-24-ASSESSMENT-3
Select one:
True
False
Feedback
The correct answer is 'False'.
Question 4
Complete
Mark 1.00 out of 1.00
Flag question
Question text
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? Answer
Feedback
The correct answer is: 2400
Question 5
Complete
Mark 1.00 out of 1.00
Flag question
Question text
Viewing will not change the underlying data, but it will
1.
confirm if the data is complete
2.
convert the data into meaning information
, AIN2601-S2-24-ASSESSMENT-3
3.
sort, calculate, summarise and classify data.
4.
allow the viewer to determine if the data is without errors
Feedback
Your answer is incorrect.
The correct answer is:
sort, calculate, summarise and classify data.
Question 6
Complete
Mark 1.00 out of 1.00
Flag question
Question text
For a ticked inclusive tick box for source documents in Pastel, the prices
entered should be VAT exclusive.
Select one:
True
False
Feedback
The correct answer is 'False'.
Question 7
Complete
Mark 1.00 out of 1.00
Flag question
Question text
Every organisation has unique general ledger accounts and Pastel allows some
general ledger accounts to be added or deleted.
Select one:
True
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 EFT, 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 this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller controllockinfo. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R60,00. You're not tied to anything after your purchase.