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AIN2601-S2-2024-ASSESSMNET 3 ALL ANSWERS ARE COVERED 100% PASS A+ R60,00   Add to cart

Exam (elaborations)

AIN2601-S2-2024-ASSESSMNET 3 ALL ANSWERS ARE COVERED 100% PASS A+

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AIN2601-S2-2024-ASSESSMNET 3 ALL ANSWERS ARE COVERED 100% PASS A+

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  • November 18, 2024
  • 21
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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controllockinfo
AIN2601-S2-24-ASSESSMENT-3



Started on Friday, 5 October 2024, 11:00 AM
State Finished
Completed on Friday, 5 October 2024,12:00 PM
Time taken 1 Hour
Grade 50.00 out of 50.00 (100%)
Question 1
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Changes cannot be made to saved documents that have not been updated.
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True
False
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The correct answer is 'False'.

Question 2
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The supplier invoice is linked to the GRN and the GRN is then closed.
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True
False
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The correct answer is 'True'.

Question 3
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When the organisation owes money to the bank, the bank account will have a ______ balance in the
organisation’s accounting records.

, AIN2601-S2-24-ASSESSMENT-3



1.
debit


2.
credit


3.
positive


4.
favourable
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The correct answer is:
credit

Question 4
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Which document will a company use to request the purchase of items or services to be rendered?




a.
Invoice




b.
Supplier’s delivery note




c.
Purchase Order

, AIN2601-S2-24-ASSESSMENT-3



d.
Inventory Request note



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The correct answer is:
Purchase Order

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All documents are subject to batch processing.
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False
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The correct answer is 'False'.

Question 6
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Inventory item pictures can be included on Pastel
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True
False
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The correct answer is 'True'.

Question 7
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No physical movement of inventory items has taken place when a purchase order is created.

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