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33) When recording a customer payment from a cash sale, select: 33) A) Create Sales Receipt> Record Deposits B) Receive Payment> Customer & Job Name

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33) When recording a customer payment from a cash sale, select: 33) A) Create Sales Receipt> Record Deposits B) Receive Payment> Customer & Job Name C) Make Deposit D) Create Invoice> Customer Payment> Customer Name Only 34) An example of a non-posting account is 34) A) Employee Expense C) Inventory B) Purchase Orders Account D) Accounts Payable 35) The Banking section of the Home page includes which flow chart? 35) A) Bill Pay flow chart C) Payroll flow chart B) Bank Reconciliation flowchart D) None of these 36) Which of the following statements is true 36) A) To maintain more consistent records, it is best if the owner maintains a separate personal Checking account, but both the owner's personal Checking and business Checking accounts are listed in the Chart of Accounts personal and business purposes owner's personal Checking account should not be used to pay bills for the business B) To conserve resources, it is best if the owner uses one Checking account for both C) To maintain separation between the personal and business accounting records, the and should not be listed in the business's Chart of Accounts D) None of these 37) In QuickBooks, how do you enter transaction information? A) Onscreen forms and scanned images of transaction forms B) Onscreen Journal and Onscreen Forms C) Onscreen Journal and scanned images of transaction forms D) Onscreen forms and QuickBooks reports 38) Which financial statement below summarizes a company's cash inflow and outflow?38) A) Statement of Cash Flows C) Balance Sheet B) Profit & Loss Statement D) Income Statement 39) The Check Register: 39) A) Records payments and deposits to the Checking account B) Lists all accounts and their account numbers C) Keeps track of company deposits only D) Is located directly on the Company section of the Home page

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