1. Which of the following cannot be imported into QBO? a. Sales and expense settings b. Inventory balances C. Accounts receivable balances d. Accounts payable balances 2. Which of the following is not deleted when a company file is purged? a. Transactions b. Most general ledger accounts c. Company settings d. None of the listed answers are correct. Transactions, accounts, and settings are all deleted. a. c. 3. A company file can be purged an unlimited number of times as long as the user's subscription is active b. can be purged an unlimited number of times within the first 60 days of a new sub- scription can be purged up to 60 times d. cannot be purged 4. Which account might be debited when a vendor list is imported? (Refer to the FINAL CONVERSION section of the assignment for help answering this question.) a. Interest expense b. Accounts payable c. Cost of goods sold d. Opening balance equity 22 5. Which account might be credited when a Product and Services list is imported?(Refer to the FINAL CONVERSION section of the assignment for help answering this question.) a. Inventory b. Cost of goods sold C. Accounts payable d. Opening balance equity