Create Databases -> Chart of Accounts -> Testing Your Knowledge

Testing Your G/L Knowledge

Once you've completed the required reading and phone calls for the General Ledger database, use the following questionnaire to test your knowledge.

1.The first two characters of all General Ledger accounts designate the location (profit center) number.

True
False

2. When printing general ledger reports from the (W) screen using the [B] function, selection 5 prints information based on which file?

GL-MASTER
GL-BATCH
CHARTFILE
None of the above.

3. When resetting summaries in the (+J) screen, the system recalculates the detail in the _________ file and reports the totals to the ___________ file.

GL-MASTER/CHARTFILE
CHARTFILE/GL-MASTER
CHARTFILE/GL-BATCH

4. When printing general ledger journal reports from the (W) [B] screen, Suppress Zero Accounts:

Prevent all accounts with zero balances from printing.
Prevents only Level 5 accounts with zero balances from printing.
None of the above.

5. The default financial tables provided by DDMS for new dealers are:

LONG-BAL, LONG-P-L, SHORT-BAL, SHORT-P-L.
BAL-LONG, P-L-LONG, BAL-SHORT, P-L-SHORT.
None of the above. They are user-defined.

6. Which characters in the G/L account number define the major?

The last two digits of the three middle numbers
The first two digits of the three middle numbers
The last two digits of the account number

7. Users can modify the default financial tables provided by DDMS.

True
False

8. The default financial tables supplied by DDMS should reside:

On the software and documentation tape.
In the Work Unit folder.
In the same folder as GL-MASTER.
None of the above.

9. Which characters in the G/L account numbers define the book?

The last two digits of the middle three digits
The first two digits of the middle three digits
The first digit of the middle three digits

10. Which characters in the G/L account number define the minor?

The last two digits of the account number
The last two digits of the middle three digits
The first digit of the middle three digits

11. The business period used as the default when posting G/L is defined in the:

(K) General Ledger Posting screen.
(L2) G/L Master Numbers screen.
(J) Chart of Accounts Master screen.
(W) General Ledger Reports screen.