DPA20043 - Formative Quiz

In UBS Accounting System, starting period in Company's setting referring to:

• The company's set-up date of operation.

• The date which company started using UBS Accounting Software

• The date which company started its first transaction

• The date which company started to employs new employees

Special Account Code for Retained Earnings is:

• CA

• BS

• MA

• PA

The most suitable account created for account No. 3010/000 is:

• Rental

• Sales

• Capital

• Bank

The most suitable code for Purchases Account is:

• 5000/000

• 6010/000

• 9010/000

• 4050/000

Account Type for Taxation is:

• P

• M

• F

• H

V.Edit Functions is using to:

• Edit single transaction

• Edit multiple transactions at the same time

• Retrieve all the previous transactions

• Delete all the last year's transactions

All the accounts below have SPECIAL Account EXCEPT:

• Profit & Loss Account

• Bank

• Return inwards

• Opening Stock

Carriage Outwards can be grouped under

• 8XXX/XXX

• 6XXX/XXX

• 9XXX/XXX

• 5XXX/XXX

If the Account No. is 3000/S01, the code S01 is referring to:

• Santronic Code

• Primary Code

• Secondary Code

• Company's code

The following account can be grouped under account code 5XXX/XXX EXCEPT:

• Sales

• Fixed Assets

• Income

• Sales Return