Wrap Up Exam

Wrap Up Exam

University

45 Qs

quiz-placeholder

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Wrap Up Exam

Wrap Up Exam

Assessment

Quiz

Business

University

Medium

Created by

Nicole Trinidad

Used 1+ times

FREE Resource

45 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A written customer purchase order is required to trigger the sales order system.

True

False

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Inventory control has physical custody of inventory.

True

False

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The principal source document in the sales order system is the sales order.

True

False

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Sales orders should be prenumbered documents.

True

False

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Integrated accounting systems automatically transfer data between modules.

True

False

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

If a customer submits a written purchase order, there is no need to prepare a sales order.

True

False

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Sales return involves receiving, sales, credit, and billing departments, but not accounts receivable.

True

False

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