When creating an invoice using automated sales tax, what is the importance of the header's Location of sale field? O The address in that field determines which location column the transaction will show up in when running a Balance Sheet by Location report The address in the field determines the amount of shipping to be added to the invoice The address in that field determines the customer type The address in that field determines which sales tax should be applied

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter9: Auditing The Revenue Cycle.
Section: Chapter Questions
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Question 4
When creating an invoice using automated sales tax, what is the
importance of the header's Location of sale field?
The address in that field determines which location column the transaction
will show up in when running a Balance Sheet by Location report
The address in the field determines the amount of shipping to be added to
the invoice
The address in that field determines the customer type
The address in that field determines which sales tax should be applied
Transcribed Image Text:Question 4 When creating an invoice using automated sales tax, what is the importance of the header's Location of sale field? The address in that field determines which location column the transaction will show up in when running a Balance Sheet by Location report The address in the field determines the amount of shipping to be added to the invoice The address in that field determines the customer type The address in that field determines which sales tax should be applied
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