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Sage Assessment Practice Questions with verified answers
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Sage Assessment Practice Questions with verified answers
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Sage Assessment Practice Questions1. Budgets can be imported using Excel csv files. True or False - ANS-True
2. Currently you will not be allowed to edit the bank account name after you have
processed transactions to it. True or False - ANS-False
3. If your supplier charged interest, how would you update this on the accounting
system? - ANS-Process a supplier adjustment
4. It is possible to delete an analysis code once you have transactions allocated to it.
True or False - ANS-False
5. On your customer adjustment quick entry grid you can export your transactions,
however the system does not allow you to import the transactions. True or False -
ANS-False
6. Once journal transactions are marked as reviewed, you will be able to seem them on
the reviewed journals tab where you can specify a specific date range. True or False
- ANS-True
7. Once the supplier invoice layout has been selected, as Default (Modern) and you
have started processing transactions you cannot change the supplier layout to a
different one. True or False - ANS-False
8. Sage Accounting does not allow you to make changes to an invoice like editing the
invoice number and changing the customer address. You need to create a Credit
Note for the invoice and reprocess this invoice again without the incorrect details on
the invoice. True or False - ANS-True
9. Sage accounting will limit the bank accounts you create to 3. True or False -
ANS-False
10. The customer receipt transactions found under customer transactions, will update the
customer account in the same manner as the Bank Receipt transactions you process
in the bank. True or false - ANS-True
11. The option: Reserve Item Quantities, will not affect how you process your purchase
orders. True or False - ANS-True
12. The process journal entries option can be found under which menu -
ANS-Accountant's area
13. The purchases by supplier report, analyses purchases by item category. True or
False - ANS-False
14. The supplier adjustment quick entry grid will allow you to update more than one
supplier account at a time. True or False - ANS-True
15. The system allows you to add multiple delivery addresses for your customers. True
or False - ANS-True
16. There are four different types of user defined fields that can be created in Sage
Accounting, which of the following is not a user defined field type? - ANS-Asset
values
17. This is where you will change the currency symbol in Sage Accounting -
ANS-Regional settings
18. To adjust the Bank & Credit Card opening balances, which of the following actions
need to be completed - ANS-1. Select the correct bank account
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