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Question 10: When importing an accountants changes into your company file, you are prompted to create a portable copy of youQuestion 11: Where do you make adjusting entries? Answer: А. In the Make Adjustment window В. In the Make General Journal EntQuestion 12: The last four steps of the accounting cycle deal with: Answer: А. recording journal transactions В. closing theQuestion 13: During the data cleanup process that can occur after the books are closed, which transactions are NOT summarized

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Answer #1

Q.10.

ANSWER IS OPTION (A) TRUE SINCE WHILE IMPORTING CHANGES WE SHOULD ALSO HAVE A BACKUP OPTION IN CASE THE CHANGES MADE ARE NOT CORRECT OR APPROPRIATE.

Q.11.

ANSWER IS OPTION (B) IN THE MAKE JOURNAL ENTRIES WINDOW SINCE ADJUSTING ENTRIES ARE RECORDED IN THE JOURNAL OF ANY ENTITY AT THE END OF THE YEAR IF ADJUSTMENT TO BE DONE AT THE END OF THE YEAR.

Q.12.

ANSWER IS OPTION (B) CLOSING THE BOOKS AT THE END OF THE FISCAL YEAR.

Q.13

ANSWER IS OPTION (D) ALL OF THESE OPTIONS

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