1) Under what Menu Bar choice can you change the appearance of the Home page? a. View b. File C. Window d Edit 2. Business entities that buy from the business belong in which list? a. Sales Reps b. Customers C. Terms d Vendors 3. What is the correct form to use for selling on credit, using payment terms? a. Create Invoices b. Credit Memo C. Enter Bills d. Enter Sales Receipts 4. What goes on the Enter Sales Receipts form other than the sale information? a. Refund information b. Accounts Receivable GL account c. Payment information d. Accounts Payable GL account 5. On the Enter Sales Receipts form, if the amount charged for a service is fixed, how can you calculate the total sales amount while keeping the rate fixed? a. Change the AMOUNT field. b. Change the PAYMENT METHOD field. C. Change the QTY field. d. Change the ITEM field. 6. When you post customer payments for invoices, which GL account holds them until you enter the deposit? a. Undeposited Funds b. Accounts Receivable C. Chequing Sales 7. If a customer wants a refund or wants an invoice reduced, which form do you use first? a. Credit Card Refund/Credit b. Bill Credit C. Write Cheques d. Create Credit Memos/Refunds 8. If you correct a bill amount, what icon can you click in the Enter Bills form to update the amount due? a. Save b. Pay Bill C. Recalculate d. Clear Splits 9. When you make an entry using the Write Cheques form, what is the effect on the Chequing GL account? a. The Chequing account is unchanged. b. The Chequing account increases. C. The Chequing account decreases. The Chequing account is put into a suspended state until the cheque clears.

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