Question 22: Which report should you run to be able to measure sales growth at each location? Answer: A. Sales by Location Summary B. O Sales by Store Summary C. Sales by Location Detail D. O Sales by Store Detail Question 23: Match these accounting terms with their best descriptions Accounting cycle Tracks per line on a transaction form Class tracking Examples of cases that can be tracked Location tracking Steps to help keep i ng records GAP GAAP Tracking is ested to one place on action form Retail overhead, contract jobs count must have the Provides that accounting practice Question 24: Match these accounting cycle steps with the correct order in which they should be completed. Financial transaction Fourth step of cycle General ledger Thed step of cycle Financial statement Beginning of cycle General journal End of cycle Trial balance Second step of cycle Question 25: Atrial balance report displays a list of all your accounts receivables, accounts payables, and the Chart of Accounts Answer: A. True B. False uuestion 26: YOU CANNOT add entries to a closed period, but you can change a transaction in a closed period Answer: A True B. False Question 27: Which step of the accounting cycle allows you to analyze your balances and make adjustments? Answer: A. General ledger B. O Trial balance Financial statements O General journal O Financial transaction