Sage Quizzes, Questions & Answers
Top Trending Quizzes
Questions: 12 | Attempts: 656 | Last updated: Mar 20, 2023
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Sample Question‘Accounting’ is simply accounting for all of the money that leaves your business and enters your business.
Questions: 8 | Attempts: 300 | Last updated: Aug 28, 2023
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Sample QuestionThe purpose of using computerised accounting is to save time, increase accuracy and enhance security.
Recent Quizzes
Questions: 5 | Attempts: 184 | Last updated: Mar 21, 2023
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Sample QuestionCurrent assets are items that belong to the business but will be used up within 12 months (stock, debtors, bank).
Questions: 6 | Attempts: 164 | Last updated: Mar 14, 2023
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Sample QuestionNominal codes 2000-2999 indicates Sales.
Questions: 10 | Attempts: 197 | Last updated: Mar 15, 2023
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Sample QuestionMoney is the life blood of any organisation and so particular attention should be paid to the ‘Bank’.
Questions: 8 | Attempts: 195 | Last updated: Mar 17, 2023
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Sample QuestionA ______ transaction may be made through a sale or a purchase or when paying an invoice, an expense or a salary.
Questions: 8 | Attempts: 227 | Last updated: Mar 20, 2023
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Sample QuestionThe Nominal Ledger contains numerous accounts and may be described as the central system of the double entry bookkeeping procedure.
Questions: 8 | Attempts: 260 | Last updated: Aug 21, 2023
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Sample QuestionComputerised accounting helps the company to have control of their credit management and to be aware of what money each customer should be paying and when to expect their payment.
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