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Find what is name of the item that is automatically added

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Reference no: EM132580120

Question 1. Under which preference heading would you find the option to use account numbers?

a. Desktop View

b. Accounting

c. General

d. Integrated Applications

Question 2. What is the name of the item that is automatically added to the Item List when Finance Charge preferences have been set up?

a. Interest

b. Charges

c. Cust Chg

d. Fin Chg

Question 3. The default due date assigned for bills is:

a. The end of the month

b. 30 days after receipt

c. Immediately

d. 10 days after receipt

Question 4. Which type of account would normally be linked to items used to record merchandise purchased?

a. Liability

b. Asset

c. Revenue

d. Expense

Question 5. By default, what are the items on the Item list sorted by?

a. Catalog number

b. Rate

c. Name

d. Unit of measure

Question 6. Which item type should you choose for items such as finance charges or delivery and setup fees?

a. Service

b. Additional Fee

c. Non-Inventory Part

d. Other Charge

Question 7. How could an error in a credit card reconciliation be corrected?

Question 8. Why should a closing password be set?

Question 9. Why are Fixed Asset accounts often grouped into parent and subaccounts?

Question 10. How would you correct the type of an account?

Reference no: EM132580120

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