Sage 50 accounting - Study guides, Class notes & Summaries

1. Which one of the statements about the Sage 50 "date" system is false - A) the posting date is the date of the transaction B) the session date may be advanced by more than one week C) the session date is the first posting date for a series of later transactions D) the session date is the date you are recording transactions ☑: C) the session date is the first posting date for a series of later transactions 2. Sage 50 provides a complete audit trail by - A) recording original transact...

Sage 50 - Ch. 1: Review Questions with 100% Correct and Verified Solutions When first opening the Sage 50 program you will be asked to choose A) to open the sample company B) to create a new company C) to select an existing company D) any one of the above - Answer- D) any one of the above Before using the CD data files that come with the text you should A) make a working "backup" copy of the files B) open the disk to access the files C) click OK to display the home window D) store t...

Sage Intacct Implementation Exam Questions and Correct Answers 2024 updated The maintain function on the menu bar is used for: - ANSWERS Entering Information The task function on the menu bar is used for: - ANSWERS Entering Transactions All ID codes in Sage are: - ANSWERS Case sensitive The reasons that you back up your data in Sage 50 is all but which of the following? - ANSWERS To save your transactions as you enter them Why do you restore your data? - ANSWERS If you had a natural disa...

Sage Exam Questions and Answers 100% Pass The maintain function on the menu bar is used for: - Answer- Entering Information The task function on the menu bar is used for: - Answer- Entering Transactions All ID codes in Sage are: - Answer- Case sensitive The reasons that you back up your data in Sage 50 is all but which of the following? - Answer- To save your transactions as you enter them Why do you restore your data? - Answer- If you had a natural disaster, if your computer crashed, or ...

Sage 50 - Ch. 3 Review Questions with 100% Correct Answers 1. Which one of the statements about the Sage 50 "date" system is false - A) the posting date is the date of the transaction B) the session date may be advanced by more than one week C) the session date is the first posting date for a series of later transactions D) the session date is the date you are recording transactions - Answer- C) the session date is the first posting date for a series of later transactions 2. Sage 50 pr...

The maintain function on the menu bar is used for: - Answer- Entering Information The task function on the menu bar is used for: - Answer- Entering Transactions All ID codes in Sage are: - Answer- Case sensitive The reasons that you back up your data in Sage 50 is all but which of the following? - Answer- To save your transactions as you enter them Why do you restore your data? - Answer- If you had a natural disaster, if your computer crashed, or if you worked off site. Which of t...

Sage 50 - Ch. 1: Review Questions with 100% Verified Solutions When first opening the Sage 50 program you will be asked to choose A) to open the sample company B) to create a new company C) to select an existing company D) any one of the above - Answer- D) any one of the above Before using the CD data files that come with the text you should A) make a working "backup" copy of the files B) open the disk to access the files C) click OK to display the home window D) store the original ...

Sage Chapter 12 & 13 Questions and Answers Rated A+ Merchandising businesses purchase the merchandise they sell from suppliers known as: Vendors A purchase return to a vendor is recorded on the Vendor Credit Memos window as follows: Select Vendor > Invoice number > quantity returned. When paying vendors, minus a return of merchandise: Click on the "Pay" box for the invoice as the purchase return is automatically calculated. If the "A/P Account" field and "GL Account...

Sage Intacct Implementation Exam Questions and Correct Answers 2024 updated The maintain function on the menu bar is used for: - ANSWERS Entering Information The task function on the menu bar is used for: - ANSWERS Entering Transactions All ID codes in Sage are: - ANSWERS Case sensitive The reasons that you back up your data in Sage 50 is all but which of the following? - ANSWERS To save your transactions as you enter them Why do you restore your data? - ANSWERS If you had a natural disa...

Sage Intacct Implementation Exam Questions and Correct Answers 2024 updated The maintain function on the menu bar is used for: - ANSWERS Entering Information The task function on the menu bar is used for: - ANSWERS Entering Transactions All ID codes in Sage are: - ANSWERS Case sensitive The reasons that you back up your data in Sage 50 is all but which of the following? - ANSWERS To save your transactions as you enter them Why do you restore your data? - ANSWERS If you had a natural disa...