Reference no: EM132915225

Problem 1: Which Deposit To account should be selected in the Receive Payments form if the cheque will be held for deposit later?

a. Undeposited Funds

b. Bank Chequing

c. Funds on Hold

d. Bank Deferral

Problem 2: Which of the following could be changed on the deposit form for a recorded bank deposit?

a. Account for deposit

b. Customer name

c. Deposit amount

d. Customer account

Problem 3: Which report shows a list of all customer sales orders that are not completed or filled?

a. Sales Order

b. Open Sales Order by Customer

c. Transaction List by Customer

d. Customer Balance Detail

Problem 4: Which of the following represents the transaction created when an NSF cheque is recorded?

a. Increase Bank Chequing

Decrease Accounts Receivable

b. Increase Accounts Payable

Decrease NSF Expense

c. Increase NSF Expense

Decrease Accounts Payable

d. Increase Accounts Receivable

Decrease Bank Chequing

Problem 5: By default, the Accounts Receivable Aging Summary Report is sorted by:

a. Amount due

b. Customer name

c. Invoice number

d. Date due