Computerized Accounting Semi-Final Quiz#1
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Professional Development
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University
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Practice Problem
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Medium
Cristine Gaslang
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify which type of transaction
Make a Cash Sale
Collect an Accounts Receivable
Prepare a Purchase Order
Process a Sales Return or Allowance (Credit Memo)
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify which type of transaction
Receive Goods on a purchase order
Collect an Accounts Receivable
Return Inventory from a Purchase
Make Cash Sale
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify which type of transaction
Make Deposit
Write off an Uncollectible Account Receivable
Make a Credit Sale
Make a Cash Sale
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify which type of transaction
Pay a Vendors Outstanding Invoice
Receive Goods on a Purchase Order
Return Inventory from a Purchase
Prepare Purchase Order
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify which type of transaction
Process Sales Return or Allowance
Purchase Non-Inventory Items or Services without a Purchase Order – No Payment Made at Time of Purchase
Purchase Inventory without a Purchase Order – Payment Made at Time of Purchase
Purchase Inventory without a Purchase Order – No Payment Made at Time of Purchases
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify which type of transaction
Purchase Inventory without a Purchase Order – Payment Made at Time of Purchase
Purchase Inventory without a Purchase Order – No Payment Made at Time of Purchases
Purchase Non-Inventory Items or Services without a Purchase Order – No Payment Made at Time of Purchase
Purchase Non-Inventory Items or Services without a Purchase Order – Payment Made at Time of Purchase
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify which type of transaction
Prepare a Purchase Order
Receive Goods on a Purchase Order
Return Inventory from a Purchase
Write Off an Uncollectible Account Receivable
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