Computerized Accounting 6 Love It Again part 2 the return of Anne

Create an image depicting a digital interface of accounting software, with graphs, charts, and accounting terms like 'Fiscal Year', 'General Ledger', and 'Transaction Dates'. Include a person analyzing the data on a laptop.

Computerized Accounting Quiz: Love It Again Part 2

Test your knowledge of computerized accounting with our engaging quiz designed for enthusiasts and professionals alike. Dive into the concepts behind session dates, fiscal periods, and more!

Key Features:

Multiple choice and checkbox questions
Covers essential accounting terms and practices
Scores and immediate feedback on your answers

13 Questions3 MinutesCreated by CalculatingStar521

The Setup date field drop-down list for session date windows shows

The session date and the current transaction date

The fiscal start and end dates

The earliest transaction date, end of fiscal period and the start of the next fiscal period

All of the above

To change an account type from group to subgroup you should

Delete the account and re-enter it with the correct type

Change the account opening balance to zero and then change the type

Select the account in the general ledger accounts window and edit the type

None of the above

When you start a new fiscal period, the fiscal end date is automatically advanced

To create a new fiscal period of one year

To the end of the calendar year for the new start date

O match your previous fiscal period, I.e., by three months if you had a quarterly period before

To the new fiscal start date

You can access the company system settings

By clicking the Settings icon in a module home window

By clicking the Business Assistant icon

By clicking the Maintenance icon in the company module window

By performing any of the above steps

To use only the General Ledger or Company module features, you must

Hide all other module or pages windows

Hide all modules or pages except Company and Payables

Hide all modules or pages except Company and Banking

You do not need to hide any other modules because they are not used

The terminology for icons in module windows

Is the same for all types of industry

Cannot be changed

May change when you select a different industry type

Always changes when you select a different industry type

One of the following is not an option for account numbering

Showing account numbers in reports

Not using account numbers

Using account numbers in transactions

Using more than four digits for account numbers

When accounts are not in logical order

You will be unable to display some reports

You can finish the history but you cannot complete journal entries

Your subtotal accounts may be following the subgroup accounts instead of the group accounts

The total of debit and credit amounts in the Trial Balance may be unequa

If the fiscal start is Jan. 1, the fiscal end is Dec. 31, the earliest transaction date is Jul. 1 and both the latest transaction and the session dates are Jul. 31, you will be unable to enter transactions dated before –

Jan. 1

Jul. 1

Jul. 31

Dec. 31

When you see non-accounting terms used in a company data file, you could

Change company settings and select Use Accounting Terms

Close and reopen the data file to see the default accounting terms used

Accept the terms – you cannot change them and they do not affect the accounting transactions

Change user preference settings and select Use Accounting Terms

To finish history when you are using only the general journal

You can hide all modules and work in the Classic view

You must hide all modules except Company

You must close all other Windows before finishing history

You do not need to hide the unused modules

If the new fiscal start date after starting a new fiscal period is July 1, 2019, the new fiscal end date will be –

December 31, 2019

June 30, 2020

July 1, 2020

July 31, 2020

When creating files for a new company, Sage 50 Accounting

Provides two starter files

Provides templates for various industries

Provides the opportunity to build the company files from scratch

All of the above

Computerized Accounting 6 Love It Again part 2 the return of Anne

Computerized Accounting Quiz: Love It Again Part 2

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