SAGE 50, CHAPTER 1

The Business Status Center is also called Sage 50's

Dashboard

Menu choices that are followed by an ellipsis (...) are associated with the navigation bar.

FALSE

The Business Status Navigation Center shows product information.

FALSE

The File pull-down menu allows you to do all of the following

Open an existing company/Create a new company/Print/Back up and restore data

The File pull-down menu allows you to do all of the following BUT

Receive payments from customers

Perform common operations by using two or more keys:

Shortcut keys

A chart of accounts is a list of all the accounts used by a company showing identifying numbers assigned to each account.

TRUE

Backing up means saving a copy of the data to a hard drive, network drive, or external media.

TRUE

Sage 50's user interface includes modules similar to other accounting software applications.

TRUE

The procedures used in computerized accounting differ slightly from those outlined in the steps of the manual accounting cycle.

TRUE

The Navigation Bar allows you to perform activities most closely associated with:

Vendors & Purchases/Customers & Sales/Inventory & Services/Employees & Payroll