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QuickBooks Questions and Answers Graded A+

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QuickBooks Questions and Answers Graded A+ QBB ✔✔QuickBooks file type that is a compressed file that must be restored before it can be used QBW ✔✔File that is used to enter transactions an... d obtain reports Which of the following ways can you use to navigate QuickBooks software? ✔✔Navigation Bar (Icon Bar) Menu Bar Home Page QuickBooks can create many different _____ that are useful when managing a business. ✔✔reports To save a backup QuickBooks file, select ... ✔✔File menu > Back Up Company From which menu can you restrict user access? ✔✔Company menu The accountant's role includes _____ reports. ✔✔preparing which QuickBooks file type is a compressed file that must be restored before it can be used? ✔✔QBB When using QuickBooks, a file with a ____ extension is used to enter transactions and obtain reports. ✔✔QBW To access the Chart of Accounts which of the following menus could you use: ✔✔Accountant men Lists menu Company menu If you are moving between computers, what is the order of steps to use for a restore. ✔✔1. Open QB Software 2. Restore starter QBB file 3. complete assignment using restored QBW file and create QBB backup file 4. restore next starter file 5. complete next assignment using restored QBW file and Create next QBB backup file 6. repeat Make General Journal entries can be accessed from which of the following menus? ✔✔Company menu Accountant menu To view the report center, you would select _____ on the left icon bar ✔✔Reports To create a new company file, which menu would you use? ✔✔File menu To access preferences, which menu would you use? ✔✔Edit menu To access the Item list which menu could you use? ✔✔Lists menu Which of the following items can be recorded from the Vendors section of the QuickBooks Home page? ✔✔Bills paid Bills received Inventory received Which menu contains accountant tools in QuickBooks? ✔✔Accountant menu The Customers section of the QuickBooks Home page is a _____ of the main activities associated with sales and customers. ✔✔flowchart To exit QuickBooks software, use the _____ menu. ✔✔File Workflow approach when using the same computer to complete QuickBooks assignments. ✔✔1. Open QB software 2. Restore starter QBB file 3. Complete assignment using restored QBW file 4. Create QBB backup file 5. Complete next assignment using same QBW file 6. Create next QBB backup file & Repeat Four major types of transactions for a company are: ✔✔Vendor Employee Banking Customer The Chart of Accounts is a list of all _____ used to track accounting information. ✔✔accounts Which transactions would appear in the Customers section of the QuickBooks home page. ✔✔Create invoices Create estimates The Vendors section of the QuickBooks Home page shows activities associated with _____ transactions and _____ transactions. ✔✔purchases, vendors [Show More]

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