6. Before closing the books for a fiscal period, you should print a. reports that provide sufficient detail to create new company files if necessary b. all the reports available through Sage 50 Accounting c. all the reports in the financials section of the reports menu d. all of the management reports for the business

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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6.
Before closing the books for a fiscal period, you should print-
a.
reports that provide sufficient detail to create new company files if
necessary
b. all the reports available through Sage 50 Accounting
C.
all the reports in the financials section of the reports menu
d.
all of the management reports for the business
7.
From the supplier aged summary report you can learn –
la.
the unpaid balance for each invoice
b.
the total owing to each supplier
c.
the due date for each outstanding invoice
d.
which invoices are fully paid
8.
Choosing Restore from the home window file menu will -
a. restore a compressed backup file to a working data file
b. restore the size of the window you are currently working in
c. delete the changes from your current work session and restore the data file
from
your previous session
d.
restore the classic view home window from an enhanced view module
window
Transcribed Image Text:6. Before closing the books for a fiscal period, you should print- a. reports that provide sufficient detail to create new company files if necessary b. all the reports available through Sage 50 Accounting C. all the reports in the financials section of the reports menu d. all of the management reports for the business 7. From the supplier aged summary report you can learn – la. the unpaid balance for each invoice b. the total owing to each supplier c. the due date for each outstanding invoice d. which invoices are fully paid 8. Choosing Restore from the home window file menu will - a. restore a compressed backup file to a working data file b. restore the size of the window you are currently working in c. delete the changes from your current work session and restore the data file from your previous session d. restore the classic view home window from an enhanced view module window
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