Question
6. The final part of New Company Setup after using the EasyStep Interview and QuickBooks Setup windows is a. creating the general ledger with opening
6. The final part of New Company Setup after using the EasyStep Interview and QuickBooks Setup windows is
a. creating the general ledger with opening balances
b. creating the new company file, beginning some setup, enabling some features
c. customizing the company file, updating Lists/Centers, preparing the company file for the accrual basis of accounting
d. creating the Customer Center, Vendor Center, and updating the Item List, including opening balances
7. The QuickBooks process in the New Company Setup where you add account numbers, and edit account numbers and names is called
a. customizing the Chart of Accounts List.
b. editing the Chart of Accounts List.
c. revising the Chart of Accounts List.
d. renaming the Chart of Accounts List.
8. Accounts created by QuickBooks that are used in activity windows when recording certain transactions are called
a. uncategorized accounts.
b. customized accounts.
c. system default accounts.
d. ledger accounts.
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