Check your knowledge of this chapter's key concepts and skills using the Self-Assessment quiz here, in your ebook, or in your eLab course. 1. Before you can use custom fields for items in reports, you must set them up in the Item List. True False 2. Formatting deals with the appearance of the report, not the data contained within it. True False 3. You can customize your own Word template to use with your True False QuickBooks data 4. After you set your company's default report basis, you can't change it on individual reports. True False True False 5. You can filter to display only income accounts on a report. True False 6. Memorizing a report memorizes the data along with the formatting. True False 7. Price levels are set up to be used with employees. True False 8. You must create your own form template to display custom fields. True False 9. You must memorize a report before you can process it with a batch of reports. 10. Which attribute will NOT be the same each time you recall a memorized report? A. The company name in bold B. The accounts displayed C. The accounting basis of the report D. The balance of the accounts on the report 11. For which type of item can a custom field be set up? A. Sales tax group B. Subtotal C. Service D. Sales tax item 12. If you're using the cash basis of accounting, which account is NOT displayed on the balance sheet? A. Accounts Receivable B. Prepaid Rent C. Company Checking Account D. American Express Credit Card 13. What are billing rates used for? A. To differentiate the amount charged to different customers B. To customize varying prices on forms C. To differentiate the amount charged by different vendors and employees D. To set the amount the company pays to vendors for different items Check your knowledge of this chapter's key concepts and skills using the Self-Assessment quiz here, in your ebook, or in your eLab course. 1. Before you can use custom fields for items in reports, you must set them up in the Item List. True False 2. Formatting deals with the appearance of the report, not the data contained within it. True False 3. You can customize your own Word template to use with your True False QuickBooks data 4. After you set your company's default report basis, you can't change it on individual reports. True False True False 5. You can filter to display only income accounts on a report. True False 6. Memorizing a report memorizes the data along with the formatting. True False 7. Price levels are set up to be used with employees. True False 8. You must create your own form template to display custom fields. True False 9. You must memorize a report before you can process it with a batch of reports. 10. Which attribute will NOT be the same each time you recall a memorized report? A. The company name in bold B. The accounts displayed C. The accounting basis of the report D. The balance of the accounts on the report 11. For which type of item can a custom field be set up? A. Sales tax group B. Subtotal C. Service D. Sales tax item 12. If you're using the cash basis of accounting, which account is NOT displayed on the balance sheet? A. Accounts Receivable B. Prepaid Rent C. Company Checking Account D. American Express Credit Card 13. What are billing rates used for? A. To differentiate the amount charged to different customers B. To customize varying prices on forms C. To differentiate the amount charged by different vendors and employees D. To set the amount the company pays to vendors for different items