Question 1

Upon opening a file,the session date dialog box shows -

Accepted Answer

A) the date that the accounting transactions must be recorded 
B) the session date previously entered 
C) that session dates have a special format - month,day,year 
D) that session dates must be set to the end of the month 
A) the date that the accounting transactions must be recorded 
B) the session date previously entered 
C) that session dates have a special format - month,day,year 
D) that session dates must be set to the end of the month B

Question 2

To enter a date for an accounting transaction,you must -

Accepted Answer

A) choose a date from the pop-up calendar 
B) type the date in text style 
C) enter the month,day and year as two-digit numbers separated by a space 
D) you may use any of the above to enter the date e.g.,April 8) 
A) choose a date from the pop-up calendar 
B) type the date in text style 
C) enter the month,day and year as two-digit numbers separated by a space 
D) you may use any of the above to enter the date e.g.,April 8) D

Question 3

The date field pop-up calendar shows the range of dates that you can use -

Accepted Answer

A) by adding red circles to the dates that you can choose 
B) by adding red circles to the dates that you cannot choose 
C) by not allowing access to the dates that you cannot choose 
D) the calendar does not limit the dates that you can choose 
A) by adding red circles to the dates that you can choose 
B) by adding red circles to the dates that you cannot choose 
C) by not allowing access to the dates that you cannot choose 
D) the calendar does not limit the dates that you can choose C

Question 4

You can review the report options you used most recently by -

Accepted Answer

A) selecting the report from the home window Recently Viewed Reports list 
B) modifying the report options again 
C) displaying the report using the default settings 
D) none of the above 
A) selecting the report from the home window Recently Viewed Reports list 
B) modifying the report options again 
C) displaying the report using the default settings 
D) none of the above

Question 5

The reports pane list of reports -

Accepted Answer

A) provides access to all reports for that module 
B) displays reports using the same report options you used last time 
C) displays reports with all the default options 
D) opens the modify reports options screens for reports 
A) provides access to all reports for that module 
B) displays reports using the same report options you used last time 
C) displays reports with all the default options 
D) opens the modify reports options screens for reports

Question 6

A purchase of supplies for $2 000 plus $260 HST in the general journal would not be posted -

Accepted Answer

A) if the Supplies and HST were recorded as credits and Accounts Payable as debits 
B) if the HST was omitted and the Accounts Payable credit was $2 000 
C) if the HST was omitted,Supplies debit was $2 260 and Accounts Payable credit was $2 260 
D) if the debit amounts did not equal the credit amounts 
A) if the Supplies and HST were recorded as credits and Accounts Payable as debits 
B) if the HST was omitted and the Accounts Payable credit was $2 000 
C) if the HST was omitted,Supplies debit was $2 260 and Accounts Payable credit was $2 260 
D) if the debit amounts did not equal the credit amounts

Question 7

Choosing Restore from the home window file menu will -

Accepted Answer

A) restore a compressed backup file to a working data file 
B) restore the size of the window you are currently working in 
C) delete the changes from your current work session and restore the data file from your previous session 
D) restore the classic view home window from an enhanced view module window 
A) restore a compressed backup file to a working data file 
B) restore the size of the window you are currently working in 
C) delete the changes from your current work session and restore the data file from your previous session 
D) restore the classic view home window from an enhanced view module window

Question 8

Which statement is true about the new account wizard -

Accepted Answer

A) you cannot add new accounts from the account field in a journal 
B) you must add new accounts before opening a journal 
C) you may skip directly to the Finish screen in the wizard if the default settings are correct 
D) you must make a choice for each screen in the wizard 
A) you cannot add new accounts from the account field in a journal 
B) you must add new accounts before opening a journal 
C) you may skip directly to the Finish screen in the wizard if the default settings are correct 
D) you must make a choice for each screen in the wizard

Question 9

Which statement about Sage 50 is not true -

Accepted Answer

A) use ledger icons to record information about various types of accounts 
B) use journal icons to record journal transactions 
C) you may hide icons for ledgers that are not used 
D) the status bar describes the position of the cursor 
A) use ledger icons to record information about various types of accounts 
B) use journal icons to record journal transactions 
C) you may hide icons for ledgers that are not used 
D) the status bar describes the position of the cursor

Question 10

The following General Journal Report options must be chosen -

Accepted Answer

A) by date order 
B) by journal number 
C) start and finish dates 
D) all of the above statements are correct 
A) by date order 
B) by journal number 
C) start and finish dates 
D) all of the above statements are correct

Question 11

To reverse a general journal entry,you should -

Accepted Answer

A) click the reverse entry tool in an empty journal window to open the search screen 
B) click the reverse entry tool in the home window to open the search window 
C) click the reverse entry tool in the displayed journal report to open the adjust entry screen 
D) click the reverse entry tool in the adjusting entry screen 
A) click the reverse entry tool in an empty journal window to open the search screen 
B) click the reverse entry tool in the home window to open the search window 
C) click the reverse entry tool in the displayed journal report to open the adjust entry screen 
D) click the reverse entry tool in the adjusting entry screen

Question 12

By moving the mouse over a displayed report -

Accepted Answer

A) you can see the available drill-down reports 
B) you may choose to print the report 
C) drill-down report options at various levels are always available 
D) you may choose to save the report 
A) you can see the available drill-down reports 
B) you may choose to print the report 
C) drill-down report options at various levels are always available 
D) you may choose to save the report

Question 13

In the account field of the general journal input screen you cannot -

Accepted Answer

A) type the account name in the account field 
B) type in the first digit of the account to advance to that section of the account list 
C) select the name from the select account list 
D) type in the account number 
A) type the account name in the account field 
B) type in the first digit of the account to advance to that section of the account list 
C) select the name from the select account list 
D) type in the account number

Question 14

Which of the following statement about the report centre is correct -

Accepted Answer

A) all reports are available 
B) you can bypass the modify report options screen 
C) you can bypass the report sample and description screen 
D) the last report you viewed is displayed as the default report 
A) all reports are available 
B) you can bypass the modify report options screen 
C) you can bypass the report sample and description screen 
D) the last report you viewed is displayed as the default report

Question 15

You can customize reports by -

Accepted Answer

A) selecting the columns to be displayed in a report 
B) changing the order in which report information is displayed 
C) choosing criteria for including information in the report 
D) doing any of the above 
A) selecting the columns to be displayed in a report 
B) changing the order in which report information is displayed 
C) choosing criteria for including information in the report 
D) doing any of the above

Question 16

You can access the Report Centre -

Accepted Answer

A) from any enhanced view module home window 
B) from the classic view home window 
C) from the Reports menu in any home window 
D) all of the above 
A) from any enhanced view module home window 
B) from the classic view home window 
C) from the Reports menu in any home window 
D) all of the above

Question 17

Sage 50 provides a complete audit trail by -

Accepted Answer

A) recording original transactions in a journal 
B) posting the journal amounts into a ledger 
C) numbering and referencing each transaction 
D) all of the above statements are correct 
A) recording original transactions in a journal 
B) posting the journal amounts into a ledger 
C) numbering and referencing each transaction 
D) all of the above statements are correct

Question 18

When short dates such as 11-05-12 are used in Sage 50,to check whether month or day comes first you could -

Accepted Answer

A) type Nov 5 12 in a date field in Sage 50 
B) type 11-05 in a date field in Sage 50 
C) choose Nov 5 from the date field calendar 
D) do either a or c above 
A) type Nov 5 12 in a date field in Sage 50 
B) type 11-05 in a date field in Sage 50 
C) choose Nov 5 from the date field calendar 
D) do either a or c above

Question 19

Which one of the statements about the Sage 50 date system is false -

Accepted Answer

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 
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

Question 20

What does it mean if a field,menu option or tool on your input screen is dimmed -

Accepted Answer

A) your computer monitor is shutting down 
B) your frequency settings are not functioning 
C) you will not be allowed to use that feature at this time 
D) your frequency settings are functioning 
A) your computer monitor is shutting down 
B) your frequency settings are not functioning 
C) you will not be allowed to use that feature at this time 
D) your frequency settings are functioning

Upon opening a file,the session date dialog box shows -

To enter a date for an accounting transaction,you must -

The date field pop-up calendar shows the range of dates that you can use -

You can review the report options you used most recently by -

The reports pane list of reports -

A purchase of supplies for $2 000 plus $260 HST in the general journal would not be posted -

Choosing Restore from the home window file menu will -

Which statement is true about the new account wizard -

Which statement about Sage 50 is not true -

The following General Journal Report options must be chosen -

To reverse a general journal entry,you should -

By moving the mouse over a displayed report -

In the account field of the general journal input screen you cannot -

Which of the following statement about the report centre is correct -

You can customize reports by -

You can access the Report Centre -

Sage 50 provides a complete audit trail by -

When short dates such as 11-05-12 are used in Sage 50,to check whether month or day comes first you could -

Which one of the statements about the Sage 50 date system is false -

What does it mean if a field,menu option or tool on your input screen is dimmed -

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Exam 3: Muriels Murals

Upon opening a file,the session date dialog box shows -

To enter a date for an accounting transaction,you must -

The date field pop-up calendar shows the range of dates that you can use -

You can review the report options you used most recently by -

The reports pane list of reports -

A purchase of supplies for $2 000 plus $260 HST in the general journal would not be posted -

Choosing Restore from the home window file menu will -

Which statement is true about the new account wizard -

Which statement about Sage 50 is not true -

The following General Journal Report options must be chosen -

To reverse a general journal entry,you should -

By moving the mouse over a displayed report -

In the account field of the general journal input screen you cannot -

Which of the following statement about the report centre is correct -

You can customize reports by -

You can access the Report Centre -

Sage 50 provides a complete audit trail by -

When short dates such as 11-05-12 are used in Sage 50,to check whether month or day comes first you could -

Which one of the statements about the Sage 50 date system is false -

What does it mean if a field,menu option or tool on your input screen is dimmed -

Getting Started

GST,HST and PST

Toss for Tots

Chai Tea Room

Phoebes Photo Studio

Air Care Services

Helenas Academy

Lime Light Laundry

Flabuless Fitness

Andersson Chiropractic Clinic

Maple Leaf Rags

Truman Tires

Village Galleries

Tesses Tresses

Velocity

Ryders Routes Advanced Premium Features

Able Associates Advanced Premium Features

Filters