CENDANA

How can I cancel or modify a validated invoice? *

A. By clicking on "edit" in the invoice's form view.

B. By clicking on "cancel invoice" in the invoice's form view.

C. By duplicating the invoice and deleting the original one.

D. You can't alter a validated invoice, but you can add a credit note, in the invoice's form view.

What is the purpose of accounts in accounting? *

A. To manage my Cendana account.

B. They are a type of report that can be generated at the end of the year.

C. A count is a nobleman who is subordinate to a duke.

D. They allow us to classify every financial operation

What do you call the action of linking two entries to show that they balance each other out? *

A. Balance

B. Reconciliation

C. Compensation

D. Mapping

"In accounting, nothing is lost, nothing is created, everything is transformed." How does the double-entry bookkeeping system work? *

A. Every transaction affects at least two accounts, moving a value from one account to the other(s).

B. Every transaction affects at least two journals, moving a value from one journal to the other(s).

C. Every transaction must be reconciled to be valid.

What is reconciliation? *

A. It is a specific kind of journal entry, in the Reconciliation Journal, which balances out unbalanced entries.

B. It is a specific kind of report required by governments to make sure that all taxes are paid on time.

C. It is a process to link two different records, documenting that they balance each other out and are in agreement

D. It is a journal entry to balance out the Account Receivable when a debtor hasn't paid their invoice in time.

Whenever a payment for a customer's invoice is registered on my bank account, the following entry will occur: *

A. The Bank Account is debited and the Account Receivable is credited.

B. Both the Bank Account and the Account Receivable are credited.

C. Both the Bank Account and the Account Receivable are debited.

D. The Bank Account is credited and the Account Receivable is debited.

Why is it important to reconcile just before following up on unpaid invoices? *

A. This way you are as up-to-date as can be with my customers' payments. Otherwise, you would be sending follow-up messages to customers who have already paid.

B. This way you know how your cash flow is doing and if it is more or less urgent that unpaid invoices get paid.

C. It doesn't matter: reconciliation does not affect the follow-ups.

D. This way you make sure that any email received from a customer regarding a payment they have just made has been read.

In Cendana, what is the difference between the Bank Journal and Bank Statements? *

A. The Bank Journal is a report generated by Cendana that you must reconcile with your Bank Statements to balance your accounts.

B. The Bank Journal records financial transactions in Cendana, while the bank statements come from your bank. Reconciling the two helps you to make sure that your accounting is accurate.

C. They are the same thing.

D. The Bank Journal records financial transactions in Cendana, while the Bank Statement is a report that you can generate from your Bank Account in Cendana

On a Balance Sheet, how to be sure the accounts are correctly balanced? *

A. With the formula: Assets = Liabilities + Equity.

B. With the formula: Equity = Liabilities - Assets

C. With the formula: Equity = Assets + Liabilities

D. With the formula: Assets = Liabilities - Equity

Which report allows to quickly see for how long my customers have been in my debt? *

A. Cash Flow Statement

B. Aged Receivable

C. Aged Payable

D. Partner Ledger

From where can I manage my website's menu? *

A. From the backend

B. From the frontend

What kind of content can I create from the front-end? *

A. Pages

B. Products

C. Events

D. Blogs

E. All the other answers, and even more

Where can I change my website theme if I already have one? *

A. Under Customize Theme.

What can I set as my website favicon? *

A. Any image you like

B. Only your company logo

C. Only an image found in the website library

D. Something in a 64*64 resolution, in jpeg format

Can the Form Builder be used to gather feedback? *

A. Yes

B. No

How many fields can I add to my Form Builder? *

A. 10

B. 4

C. As many as you want.

D. Depends on the theme you chose for your website

Can I create a thanks page that will open when someone send the form? *