5. When using QuickBooks Online, which of these occurs first? a. recording background information in Lists b. recording transactions c. creating and setting up a new company file d. updating the appropriate accounting reports 6. Recording information in Lists occurs in the level of oneration in OuickBooks Online. 7. The fourth level of operation is using QuickBooks Online to a. add, delete, or edit information. b. display and print an assortment of reports. c. record accounts and balances. d. record the company name, address, identification numbers, and fiscal periods of time. 8. Reports in QuickBooks Online include a. only financial statements. b. management reports related to each activity, such as vendor, customer, inventory, and payr reports. c. management reports related to journal entries. d. only simple, standard reports