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1) How can you record outstanding invoices or bills? [10 marks] 2) What advantages does QuickBooks Online have over QuickBooks Desktop? What advantages does QuickBooks

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1) How can you record outstanding invoices or bills? [10 marks] 2) What advantages does QuickBooks Online have over QuickBooks Desktop? What advantages does QuickBooks Desktop have over QuickBooks Online? [10 marks] 3) Why is it important to adhere to the GAAP? [10 marks] 4) Explain the steps of creating a company profile, importing suppliers, products, and creating invoices. Use at least 5 examples. (use screenshot to support your answers) [ 60 marks] 5) Write 3 interesting facts/lessons you have learnt in the course so far? [10 marks]

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