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DEVRY ACCT 251 Week 3 Quiz

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(TCO 1) The Options menu has selections that allow the user to:<br />

check global settings and define an Internet connection.<br />

Back up.<br />

print reports.<br />

enter journal entries.<br />

post to the general ledger.<br />

Question 4. Question :<br />

(TCO 2) In the computer accounting cycle, the following report is not included:<br />

adjusted trial balance.<br />

unadjusted trial balance.<br />

worksheet.<br />

financial statements.<br />

statement of cash flow.<br />

Question 5. Question :<br />

(TCO 6) The customer ID for Teesdale Real Estate is:<br />

TEESDALE-01.<br />

TEESDALE.<br />

Teesdale-01.<br />

Teesdale 01.<br />

Teesdale Estate.<br />

Question 6. Question :<br />

(TCO 6) On the Navigation Bar, make the following selections to enter a sales invoice:<br />

Customers & Sales page; click on the Customers icon and select View and Edit<br />

Customers.<br />

Customers & Sales page; click on the Sales Invoices icon and select Set Up Invoice<br />

Defaults.<br />

Tasks; Purchases/Receive Inventory.<br />

Customers & Sales page; click on the Sales Invoices icon and select New Sales Invoice.<br />

Inventory & Services page; click on the Invoice icon, select View and Edit Invoices.<br />

Question 7. Question :<br />

(TCO 6) The standard sales discount, in terms of number of days, for Bellwether<br />

Garden Supply is:<br />

no sales discount is offered.<br />

a discount if balance is paid in full within 10 days.<br />

a discount if balance is paid in full within 15 days.<br />

a discount if balance is paid in full within 20 days.<br />

a discount if balance is paid in full within 25 days.

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