Question
13. What programs does the QuickBooks Statement Writer use to help you prepare GAAP-compliant financial statements? A. ODBC B. Pro Series C. Crystal Reports D.
13. What programs does the QuickBooks Statement Writer use to help you prepare GAAP-compliant financial statements? A. ODBC B. Pro Series C. Crystal Reports D. Microsoft Excel and Word
14. The QuickBooks Statement Writer lets you create which of the following using live QuickBooks Desktop data? A. Financial statements only B. Financial statements and variance calculations C. Financial statements, variance calculations, and supporting documents D. Consolidated financial statements, variance calculations and supporting documents for affiliated companies
15. You memorized a fantastic new report today, but you can't remember what you named it or where it is in the Memorized Report list. How can you find it easily? A. View the Audit Trail for today's date B. Select the Recent tab in the Report Center C. View the Memorized Report list and customize the columns to show who created each report D. View the Memorized Report list and customize the columns to show when each report was memorized
16. Which of the following reports provides account debit and credit details for deleted transactions, allowing you to view transactions that are no longer in your general ledger? A. Reconciliation Summary B. Deleted Transaction Detail C. Deleted Transaction Summary D. Voided/Deleted Transaction Detail
17. You create a journal entry using classes. The debit side of the transaction uses Class A, the credit side uses Class B. What "problem" can this cause in your Balance Sheet by Class report? A. Rounding Errors B. Net Income Variance C. Unbalanced Classes D. Unsupported Transactions
18. You run a Balance Sheet along with an Inventory Valuation Summary report and find that the ending balances do not match. What could be causing the problem? A. A journal entry was posted to the Inventory Asset account B. All inventory items are active, even those with no inventory C. Inventory items were set up to use an expense account instead of a Cost of Goods Sold account D. Two-sided items were set up to use an income account on both sales and purchase transactions
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