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true or false? in sage 50, general journal entries can be allocated to …

Question

true or false? in sage 50, general journal entries can be allocated to one or several projects. true false question 12 1 pts when are inventory levels increased in sage 50? when a sales invoice is posted when a purchase invoice is posted when a purchase order is recorded when a sales quote is recorded

Explanation:

Brief Explanations
  • First question: In Sage 50, general journal entries can be allocated to one or several projects. This is a feature of the software for proper accounting and project - related cost/task assignment.
  • Second question: When a purchase invoice is posted, inventory levels increase. A sales invoice reduces inventory (as goods are sold), a purchase order is just an intention to buy (inventory not yet received), and a sales quote is a pre - sale offer (no inventory movement).

Answer:

  • First question: True
  • Second question: When a purchase invoice is posted