Section 4
- 1. Exercises on Chapter Six Setting up Customers
- 2. 1) Customers are the people whom A. the business buys its products B. the business sells its products C. the business provide its services D. A&C E. All the above
- 3. 2) The business can set up: A. Default customer information B. Specific customer information C. All the above D. None of the above
- 4. 3) For setting customer default information, it is necessary to select: A. Maintain – default information –customers B. Reports and Forms -Default -Customers C. Edit- Default -Customers D. Analysis- Default-Customers E. File-Default- Customers
- 5. 4) The customers default window enables the business to provide : A. Standard payment terms B. Accounting aging C. Finance charges D. Paying methods E. Statement and invoice default F. All the above
- 6. 5) For setting standard payment terms while setting customers you need to fill the following fields: A. Net due in B. Discount in C. Discount percent. D. A, B and C E. Credit limit F. All the above
- 7. 6) To access statement and invoice defaults; the business should select A. Maintain – Default information – statement/ invoices. B. Payment and Credit Tab in Maintain Customers windows C. General Tab of the Maintain Customers Windows D. General Tab of the Default Customers Windows.
- 8. 7) When the business become ready to print statements , it should select A. Reports and Forms - Forms- Customers Statements B. Maintain – Default information – statement/ invoices. C. Payment and Credit Tab in Maintain Customers windows D. General Tab of the Maintain Customers Windows
- 9. 8) The business can use Dunning Messages tab to create short notices to notify customers on invoices that A. Are due in coming days B. Already paid C. Are overdue by a certain number of days. D. All of the above
- 10. 9) Sales Taxes Agencies are individual taxing bodies such as: A. the state, B. a particular country or city, C. a special tax. D. All the above
- 11. 10) In order to create business Tax Sales, you need to select: A. Maintain – Sales Taxes, select Set up a new sales tax - Next. B. Maintain – Taxes Agencies, select Set up a new tax agencies - Next. C. Reports and Forms – Sales Taxes, select Set up a new sales tax - Next. D. None of the above
- 12. 11) if the taxes is made up of a state and a country tax, then you have to enter ... the field of "How many individual rates" A. 1 B. 2 C. 3 D. 4
- 13. 12) After setting up the customer defaults, the business can view or enter basic information about its clients to do that you need to click A. Maintain – Sales Taxes, select Set up a new customer B. Maintain – Default information – statement/ invoices. C. Payment and Credit Tab in Maintain Customers windows D. General Tab of the Maintain Customers Windows E. None of the above
- 14. 13) To add header fields select: A. Maintain – Customers/ Prospects B. Maintain – Default information – statement/ invoices. C. Payment and Credit Tab in Maintain Customers windows D. General Tab of the Maintain Customers Windows
- 15. 14) ) in the header field you can add: A. The customer, ID and name and the contacts details B. Historical information such as: payment dates C. Sales information D. Payment and credit E. All the above
- 16. 15) If the business selects In Receipt to apply a deposit ticket ID to a certain receipt, Peachtree will A. Automatically fill the field in the Receipt Window B. Leave the receipt window empty C. Not respond D. Change the Deposit ID Ticket E. None of the above 16) The options that the business can use to control the printing of customer statements can be set up: A. At the business level B. At the individual customer C. Both A and B D. None of the above