Exam 10: Flabuless Fitness

If the wrong inventory is selected in a purchase,you can make the correction before posting by -

You should use the adjustments journal to record -

When a store chooses to use an item from its inventory in the store -

Which statement is not true about inventory linked accounts -

Which one of the following statements about the item assembly journal is not true -

The inventory journals may be used for one the following -

Typing a letter or number of an inventory code in the Item Number field of the sales journal -

To correct a sales invoice that was accidentally posted containing the wrong inventory -

If freight shipping charges had been incorrectly added to a sales invoice,you should correct the entry after posting by -

The most recent purchase price becomes the default for the next invoice when -

In the sales journal,inventory item selection lists are available from -

To report on the number of units sold,revenue,cost of goods sold and the net profit,you would display the -

When setting up a new inventory item that is combined from other items -

Which of the following best describes inventory item linked accounts -

Regular inventory purchases and sales journal entries have what in common -

When you combine a sales return and new sale in a single journal entry -

Which of the following statements is true about inventory sales journal entries -

Transactions entered in the inventory journals will allow all but one of the following -

To determine how many items you have left in stock,you would print -

The Inventory module window has journal icons for -