Bookkeeping - Final Exam

10 Questions | Total Attempts: 99

SettingsSettingsSettings
Final Exam Quizzes & Trivia

Final Exam - The final exam will test your knowledge in Part I of the Bookkeping Training Course


Questions and Answers
  • 1. 
    Posting payments allows you to:
    • A. 

      Post payment to customers account and not disburse

    • B. 

      Post payment and apply to oldest invoices

    • C. 

      Post payments and disburse to specific invoices

    • D. 

      All the above

  • 2. 
    After creating a payment, from the Payment Edit screen, which tab would allow you to create disbursements?
    • A. 

      Main tab

    • B. 

      AR Summary tab

    • C. 

      Create Disbursements tab

    • D. 

      None of the Above

  • 3. 
    Which of the following statements is FALSE
    • A. 

      Payments can be reversed

    • B. 

      Disbursements can be undisbursed

    • C. 

      Credit Memos can be used to offset Debit Memos

    • D. 

      All of the above are TRUE

  • 4. 
    To reverse a payment you would:
    • A. 

      Open the payment, click the DELETE PAYMENT button

    • B. 

      Received On Account > Payment Reversal menu option

    • C. 

      Create a payment and make Amount: - NEGATIVE

    • D. 

      Payments cannot be reversed

  • 5. 
    The Post pull-down menu provides options for which back office function(s)?
    • A. 

      Creating payments for customer accounts

    • B. 

      Store closing routines

    • C. 

      Customer AR Info and Lookup

    • D. 

      All the above

  • 6. 
    Received on Account > Add/Edit allow you to do what?
    • A. 

      Post payments

    • B. 

      Post Debit Memos

    • C. 

      Post Credit Memos

    • D. 

      All the above

  • 7. 
    Posting misc receipts, paid outs, and store deposit occurs where?
    • A. 

      Post pull-down menu

    • B. 

      Received On Account pull-down menu

    • C. 

      Customer pull-down menu

    • D. 

      Links pull-down menu

  • 8. 
    BPOS allows:
    • A. 

      Multiple store days to be open at same time

    • B. 

      Only one store day to be open at a time

    • C. 

      2 store days open at a time

  • 9. 
    The HELP button on any screen on the Bookkeeping view would:
    • A. 

      Show a list of tutorials/documents related to topics on that screen

    • B. 

      Perform the rest of your postings for you while you go to lunch

    • C. 

      Dial 911

  • 10. 
    The back office would most likely use which other view in BPOS for reporting capabilities?
    • A. 

      Sales Counter

    • B. 

      Receiving View

    • C. 

      Reports View

    • D. 

      Admin and Utilities

Back to Top Back to top