QUESTION 8 When setting up beginning bank balance ...

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Accounting

QUESTION 8

  1. When setting up beginning bank balance

    The Bank Entry type Withdrawals, must be selected

    The reconciliation status must be set as Outstanding

    A batch is created for the General Ledger and must be posted

    All of the above

    None of the above

QUESTION 9

  1. An Error Batch is:

    A batch generated when there is an error during posting

    A batch that has errors and must be deleted.

    A batch of successfully posted transactions

QUESTION 10

  1. Taxable, Exempt are examples of:

    Tax Groups

    Tax Authorities

    Tax Classes

    All of the above

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