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8) The Income Statement: 8) A) lists the accounts and account numbers B) lists a company's assets C) reports the results of a company's operations,
8) The Income Statement: 8) A) lists the accounts and account numbers B) lists a company's assets C) reports the results of a company's operations, listing income and expenses for a period of time D) summarizes what a company owns and what it owes 9 Which type of QuickBooks data file allows you to enter data and transactions? 9) A) QBW B).QBX C).QBB D) QBM 10) Which screen provides a digital dashboard of a company's relevant financial data? 10) A) Home Page C) Company Center B) Insights D) Company Information 11) When recording a customer payment from a credit sale, select: A) Make Deposit B) Create Invoice> Customer Payment> Customer& Job Name C) Receive Payment> Customer & Job Name D) Create Sales Receipt> Record Deposits SHORT ANSWER. Write the word or phrase that best completes each statement or answers the question. 12) Briefly explain the difference between creating a sales receipt and creating an1) invoice. MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 13) One of the objectives of the bank reconciliation is: A) Detect crrors C) Insure the debits equal credits B) Pay bills D) None of these 14) How do you access the screen to add a user and password? 14) A) Company menu> Company Information B) Employees> Employee Center C) Edit menu> Preferences> Employees D) Company menu> Set Up Users and Passwords> Set Up Users 15) To change a company name in QuickBooks, select the following from the Menu Bar: 5) A) Home>Edit> Preferences C) Company>Preferences B) Company> My Company> Edit D) None of these
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