Knowledge quiz

It's time to put what you've learned to the test, get 5 right to pass this unit.

There are two correct answers.

Only the automatic journal entries generated from marketing documents.

Manual journal entries entered by the accountant.

Automatic journal entries from A/R and A/P Invoices

Temporary journal entries not yet approved by the accountant.

There are three correct answers.

Enter the same reference 2 value to all lines at once

Change the journal entry Origin

Include two customers and one G/L account

Save a draft version of the journal entry

Search by G/L account name

There are two correct answers.

Duplicate manual journal entry

Cancel multiple entries at once

Analyze data using chart views

Delete selected journal entries

There are two correct answers.

Journal entries like a monthly rent payment with fixed amounts.

Journal entries which a have a very similar structure.

Journal entries like a bonus being distributed between accounts according to fixed percentages.

Journal entries that are not balanced.

There are two correct answers.

They enable users to save and edit unbalanced journal entries before posting.

They automatically balance all journal entries before saving.

They allow users to review and make necessary corrections to transactions before posting.

They restrict users from making any changes to the transactions once added to the journal voucher.

There are two correct answers.

Fixed amount journal entries created on a regular basis.

Distributing amounts between accounts according to fixed percentages.

Recommending transactions to be posted at a certain due date.

Eliminating the need for an accountant to review journal entries.