Accounting 120 - Computerized Accounting Systems » Spring 2022 » Ch 10 Quiz
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Question #1
To prepare the Balance Sheet, select:
A.
Reports Center > Accountant & Taxes
B.
Company Center > Company & Financials
C.
Reports Center > Company & Financials
D.
Company Center > Accountant & Taxes
Question #2
To prepare the Profit & Loss report, select:
A.
Reports Center > Company & Financials
B.
Company Center > Company & Financials
C.
Reports Center > Accountant & Taxes
D.
Company Center > Accountant & Taxes
Question #3
To prepare the Statement of Cash Flows, select:
A.
Company Center > Accountant & Taxes
B.
Reports Center > Company & Financials
C.
Company Center > Company & Financials
D.
Reports Center > Accountant & Taxes
Question #4
Examples of management reports for internal decision making include all of the following except:
A.
1120S Report
B.
Cash Budget
C.
Accounts Receivable Aging Summary
D.
Cash Forecast
Question #5
To prepare the entire Journal, select:
A.
Company Center > Accountant & Taxes > Journal
B.
Reports Center > Accountant & Taxes > Journal
C.
Company Center > Company & Financials > Journal
D.
Reports Center > Company & Financials > Journal
Question #6
The Income Statement lists:
A.
Income and Expenses
B.
Assets and Expenses
C.
Assets and Liabilities
D.
Net Income and Owner's Equity
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