1/ The operations of Quick Books can be classified into four levels. Please identify and describe each of the levels. 2/ Discuss the advantages and disadvantages of Quick Books online feature of "Multi- user software" and the "Single- user software" 3/ Discuss the advantages of using a computerized accounting software package instead of using noncomputerized accounting methods. 4/ Describe the "Chart of Accounts" and discuss the importance of this list when using Quick Books. 4a/ Access Quick Books on line and print out the Chart of Accounts. Using the printed list identify the accounts according to Accounting Classifications (example - cash - assets etc.,) 4b/ Explain the difference between the Chart of Accounts and the Account List. 5/ List the system defaults account in Quick Books and explain the purpose of any FOUR default accounts (hint- there are many such accounts in Quick Books)