QUESTION 27

1. While entering an invoice with a down payment you must first add the invoice before you enter the downpayment.

   True

   False

QUESTION 28

1. After posting a batch of entries you found that there was an error. You posted one transaction to the to the wrong expense account. What would you do to fix the error?

   		Create a new invoice batch and reverse the batch of entries then enter a debit the incorrect account and a credit to the correct account.
   		Create an adjustment batch then enter a debit to the correct expense account and a credit to the incorrect expense account.
   		Create an invoice batch then enter a debit to the incorrect expense account and a credit to the correct expense account.

QUESTION 29

1. When printing cheques if you answer NO, to the question "were the cheques printed correctly" Sage will void the checks.

   True

   False

QUESTION 30

1. The cheque register shows:

   		Outstanding cheques not yet cashed by vendors
   		All Cheques printed and issued to vendors
   		Cheques not yet posted
   		All cheques issued to customers