n setting up company parameters in Sage 50c Pastel Partner, which colour is used on all reports to indicate you can drill down to view documents that make up the amount displayed? Group of answer choicesA. BlueB. YellowC. RedD. Green

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 viewing records in Sage 50c Pastel Partner, which of the following reports will show the total value of your inventory?Group of answer choicesA. Inventory valuation reportB. Inventory activity summary reportC. Inventory Age Analysis reportD. Inventory Sales by item report

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. What is the relevance of a comma when capturing customers’ or suppliers’ names in Sage 50c Pastel Partner?Group of answer choicesA. Sage 50c Pastel Partner always reverses the names around the comma.B. Sage 50c Pastel Partner always ends the names after the full stop.C. Sage 50c Pastel Partner always ends the names after the comma.D. Sage 50c Pastel Partner always reverses the names around the full stop.

When you are working in Sage 50c Pastel Partner processing records, which of the following toolbar icons do you use to process the cash book?A.B.C.D.Group of answer choicesABCD

The “Balances” tab offers you a number of options when you are working in Sage 50c Pastel Partner creating supplier accounts. Which of the following is one of the options offered by the “Balances” tab?Group of answer choicesA. Balance this yearB. Balance two years agoC. Balance three years agoD. Balance five years ago

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