gce 2021 intermediate level international financial accounting 1

gce 2021 intermediate level international financial accounting 1

gce 2021 intermediate level international financial accounting 1

1. In order to create a new enterprise in Le sage CV6, we
A Select the year followed by “enterprise”
B Select the year followed by “New”
C Select the year followed by “Creation”
D Select “New enterprise” followed by the year
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2. During the creation of an enterprise, the option
of “Type of third party” not recommended is
A Single third party
B No third party account
C Multiple third party
D Any of the three
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3. The Journal mode that enables the program to automatically attribute numbers to each journal entry is
A Automatic journal mode
B Manual journal code
C OHADA classical mode
D Chronological journal
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4. Which of the following depreciation options is in conformity with OHADA norms?
A Exact number of days
B Full month
C Full month, if 15 days
D A and
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5. To enable the software record depreciation after calculation, which option is validated?
A Transfer depreciation
B Record depreciation
C Multiple period
D Depreciation mode
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6. Which of the following is not a security management option?
A Low security management
B High data security
C No security management
D Average security management
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7. Which of the setup selection options of the window below leads us to the main window of a company?

A Third party accounting
B Fixed assets
C Cashdesk
D General bookkeeping
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8. In order to modify the parameters of a company created, which of the following options is chosen?

A Accounting process
B Maintenance
C Files management
D Accounting base
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9. If an enterprise wants to create separate bank accounts to differentiate its accounts held at different banks, from the general menu of the accounting system, which option is taken?
A Accounting process
B Accounting base
C Files management
D Analysis
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10. To create a customer’s account (eg. Customer BOACAM), which of the following file management options do you take?

A Reference file
B Company’s file
C Account/Bundle
D Third party’s file
______________________________________________
11. ZEZEM and Bros ltd sells palm oil to your enterprise and equally buys vegetable from your enterprise. You will link ZEZEM and Bros Ltd’s account to
A Account 401
B Account 411
C Account 443;445
D All of the above
______________________________________________
12. To start a new accounting period, in which journal do we record the trial balance of the previous period?
A Opening balance journal
B General journal
C Bank journal

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