Acc 240-067 Chapter 2 quiz.docx - Trevor Gordon Acc 240-067 Chapter 2 Quiz Multiple Choice Quiz 1 CORREC T The Vendor Ledgers report displays the

Acc 240-067 Chapter 2 quiz.docx - Trevor Gordon Acc 240-067...

This preview shows page 1 - 3 out of 4 pages.

Trevor GordonAcc 240-0678/30/17Chapter 2 QuizMultiple Choice Quiz1 CORRECTThe Vendor Ledgers report displays the:A)Accounts receivable control account.B)Accounts receivable subsidiary ledger.C)Accounts Payable subsidiary ledger.D)Accounts Payable control account.E)None of the above.Feedback: Correct (Accounts Payable subsidiary ledger)2 CORRECTThe coding system used in Sage 50 for setting up vendors includes:A)Uppercase letters only.B)Lowercase letters only.C)Numbers only.D)A combination of letters and numbers.All of the above.
Background image
E)Feedback: Correct (All of the above)3 CORRECTVendors offer Bellwether Garden Supply a 2% purchase discount if payments are made:A)Within 10 days.B)At the end of the week.C)At the end of the month.D)At the end of the fiscal year.E)None of the above.Feedback: Correct (Within 10 days)4 CORRECTAnother word for backing a file up is:A)Restore.B)Save.C)Exercise 1-2.ptb.D)Drill down.
Background image
Image of page 3

You've reached the end of your free preview.

Want to read all 4 pages?

  • Summer '19

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes