Peachtree Accounting Software

Dec 11th, 2014
Sigchi4life
Category:
Accounting
Price: $5 USD

Question description

7. When recording vendor information, the _______ window is used to enter this information.

A. Maintain Vendors and Tasks

B. Customer Defaults and Maintain Customers/Sales Reps

C. Vendor Defaults

D. Inventory Item Defaults and Pay Bills

11. Which of the following is an example of a complex formula in Excel?

A. =B6<=B1+3

B. =375*4+200

C. =Revenues – Cost of Goods Sold

D. =SUM(A12:G19)

12. In Peachtree, there are two ways to record entries from the transaction register: from the

A. System page, link to synchronize Peachtree.

B. Menu bar or the Navigation Bar.

C. Banking tasks and view reports selections.

D. System Page and Analysis Tools.

16. The default inventory costing method used by Peachtree is the

A. average.

B. FIFO.

C. straight-line.

D. LIFO.

17. The account credited on the Receipts window

A. irrelevant because the Receipts window doesn't need to have an account credited.

B. is the GL Account selected.

C. is Account No. 1020, Checking Account.

D. is Account No. 1040, IRA Savings.

18. When you want to create an invoice in Peachtree without inventory items, you need to use which of

the following forms?

A. Purchase invoice

B. Service invoice

C. Sales order

D. Sales invoice

19. The account type specified on the chart of accounts is also the account classification for the

A. general ledger.

B. balance sheet and income statement.

C. general journal.

D. cash receipts journal.


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