1. Exercises on Chapter Six
Setting up Customers

2. 1) Customers are the people whom
A. the business buys its products
B. the business sells its products
C. the business provide its services
D. A&C
E. All the above

3. 2) The business can set up:
A. Default customer information
B. Specific customer information
C. All the above
D. None of the above

4. 3) For setting customer default information, it
is necessary to select:
A. Maintain – default information –customers
B. Reports and Forms -Default -Customers
C. Edit- Default -Customers
D. Analysis- Default-Customers
E. File-Default- Customers

5. 4) The customers default window enables the
business to provide :
A. Standard payment terms
B. Accounting aging
C. Finance charges
D. Paying methods
E. Statement and invoice default
F. All the above

6. 5) For setting standard payment terms while
setting customers you need to fill the
following fields:
A. Net due in
B. Discount in
C. Discount percent.
D. A, B and C
E. Credit limit
F. All the above

7. 6) To access statement and invoice defaults;
the business should select
A. Maintain – Default information – statement/
invoices.
B. Payment and Credit Tab in Maintain
Customers windows
C. General Tab of the Maintain Customers
Windows
D. General Tab of the Default Customers
Windows.

8. 7) When the business become ready to print
statements , it should select
A. Reports and Forms - Forms- Customers
Statements
B. Maintain – Default information – statement/
invoices.
C. Payment and Credit Tab in Maintain
Customers windows
D. General Tab of the Maintain Customers
Windows

9. 8) The business can use Dunning Messages tab
to create short notices to notify customers
on invoices that
A. Are due in coming days
B. Already paid
C. Are overdue by a certain number of days.
D. All of the above

10. 9) Sales Taxes Agencies are individual taxing
bodies such as:
A. the state,
B. a particular country or city,
C. a special tax.
D. All the above

11. 10) In order to create business Tax Sales, you
need to select:
A. Maintain – Sales Taxes, select Set up a new
sales tax - Next.
B. Maintain – Taxes Agencies, select Set up a
new tax agencies - Next.
C. Reports and Forms – Sales Taxes, select Set
up a new sales tax - Next.
D. None of the above

12. 11) if the taxes is made up of a state and a
country tax, then you have to enter ... the
field of "How many individual rates"
A. 1
B. 2
C. 3
D. 4

13. 12) After setting up the customer defaults, the
business can view or enter basic information
about its clients to do that you need to click
A. Maintain – Sales Taxes, select Set up a new
customer
B. Maintain – Default information – statement/
invoices.
C. Payment and Credit Tab in Maintain Customers
windows
D. General Tab of the Maintain Customers
Windows
E. None of the above

14. 13) To add header fields select:
A. Maintain – Customers/ Prospects
B. Maintain – Default information – statement/
invoices.
C. Payment and Credit Tab in Maintain
Customers windows
D. General Tab of the Maintain Customers
Windows

15. 14) ) in the header field you can add:
A. The customer, ID and name and the
contacts details
B. Historical information such as: payment
dates
C. Sales information
D. Payment and credit
E. All the above

16. 15) If the business selects In Receipt to apply a
deposit ticket ID to a certain receipt, Peachtree
will
A. Automatically fill the field in the Receipt
Window
B. Leave the receipt window empty
C. Not respond
D. Change the Deposit ID Ticket
E. None of the above
16) The options that the business can use to control
the printing of customer statements can be set up:
A. At the business level
B. At the individual customer
C. Both A and B
D. None of the above