If the Line Discount Columns Are Missing in the Sales

question 8

Multiple Choice

If the line discount columns are missing in the sales invoices journal window -

• A)you have selected a customer who does not qualify for the discount
• B)the line discount feature is not selected in the receivables ledger settings
• C)you have entered an item or service that is not eligible for the discount
• D)you have not entered a linked account for the line discount

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Definitions:

Remeasurement Gains And Losses

Gains or losses that result from the process of converting the financial statements of a foreign operation into the presentation currency or functional currency.

Unrealized Gains

Gains on investments that have increased in value but have not yet been sold and thus not turned into cash.

Statement

A general term for any kind of financial report or declaration made by a company or an individual.

Public Sector Accounting Board

A body responsible for setting accounting standards for governmental and other public sector entities.