The FNC Bank has many suppliers and your supervisor has instructed you, as the senior computerized bookkeeper, to accurately capture all supplier details onto the system.When you are creating supplier accounts  in Sage 50c Pastel Partner and you tick the “Monthly Terms” checkbox as shown in the screenshot displayed below, what is the implication for your company?Group of answer choicesA. You are required to pay this particular supplier within 30 days of the invoice dateB. You are required to pay this particular supplier within 60 days of the invoice dateC. You are required to pay this particular supplier within 90 days of the invoice dateD. You are required to pay this particular supplier within 120 days of the invoice date

The FNC Bank has many suppliers and your supervisor has instructed you, as the senior computerized bookkeeper, to accurately capture all supplier details onto the system.When you are working in Sage 50c Pastel Partner creating supplier accounts, you are required to capture the “”Normal Terms” offered by  every supplier. Which of the following is part of the “Normal Terms” tab?Group of answer choicesA. 45 daysB. CurrentC. 72 daysD. 21 days

Once you have completed setting up your company parameters in Sage 50c Pastel Partner, one major task you must perform is to create and edit customer categories, sales analysis codes, customer accounts and customer masterfiles. FNC Bank has thousands of customers and as the senior computerized bookkeeper you are required to capture all their details accurately on the system. The screenshot displayed below shows that you set the early terms as “2.5% within 30 days from invoice date”. What is the impact of such terms? Group of answer choicesA. The customer will qualify for a discount of 2.5% if payment is made within 30 days from the invoice dateB. The customer will qualify for a discount of 2.5% if payment is made within 60 days from the invoice dateC. The customer will qualify for a discount of 2.5% if payment is made within 90 days from the invoice dateD. The customer will qualify for a discount of 5% if payment is made within 30 days from the invoice date

The FNC Bank has many suppliers and your supervisor has instructed you, as the senior computerized bookkeeper, to accurately capture all supplier details onto the system.When you are creating supplier accounts in Sage 50c Pastel Partner you are required to specify the document printing option you are going to use for every supplier. Which of the following is not part of the document printing tab?Group of answer choicesA. Print documentB. Email Purchase orderC. Fax documentD. Print document and email purchase order

The FNC Bank has many suppliers and your supervisor has instructed you, as the senior computerized bookkeeper, to accurately capture all supplier details onto the system.When you are working in Sage 50c Pastel Partner creating supplier accounts, you are required to set the “”Default Tax” for every supplier. Which of the following is not an option of the “Default Tax” tab?Group of answer choicesA. No tax type defaultB. Default tax typeC. Force tax typeD. All tax type default

When you are working in Sage 50c Pastel Partner viewing records, from time to time you will need to view a number of reports. Examples of reports you will often need to view, as the senior computerized bookkeeper of FNC Bank, are periodic financial reports in the General Ledger, periodic Customer reports and reprint documents, periodic Supplier reports and reprint documents, and periodic Inventory reports.When you are working in Sage 50c Pastel Partner processing records; what sequence of menu tabs are you required to use to access the Purchases Journal? Group of answer choicesA. View → Supplier → Analyse Purchases → Purchases JournalB. File → Supplier → Analyse Purchases → Purchases JournalC. Change → Supplier → Analyse Purchases → Purchases JournalD. Utility → Supplier → Analyse Purchases → Purchases Journal