Question
Please Help me with homework QUESTION 11 Vendor reports can be accessed in QuickBooks in all of the following ways except: Reports Center Vendors Center
Please Help me with homework
QUESTION 11
Vendor reports can be accessed in QuickBooks in all of the following ways except:
| Reports Center | |
| Vendors Center | |
| Reports Menu | |
| All of the choices are correct |
QUESTION 12
Which one of the following activities is not shown in the Vendors section of the Home page?
| Write Checks | |
| Pay Sales Taxes | |
| Pay Bills | |
| Purchase Orders |
QUESTION 13
Sales taxes are:
| Charged on sales to other retailers | |
| Charged on retail sales to customers | |
| Paid by the retailer on sales to vendors | |
| Paid by the vendor |
QUESTION 14
If you received inventory without a bill, once the bill has arrived you could do all of the following, except:
| Enter the bill against the inventory already recorded | |
| Enter the inventory and then enter the bill separately | |
| Enter the bill and wait for the inventory to arrive | |
| Enter the inventory and bill at the same time |
QUESTION 15
Which of the following reports is typically used when counting inventory on hand?
| Inventory Valuation Summary | |
| Inventory Valuation Detail | |
| Inventory Stock Status by Item | |
| Physical Inventory Worksheet |
QUESTION 16
The Purchase Orders window is used to record which one of the following transactions?
| A customer order to purchase goods | |
| An order to purchase goods from a vendor | |
| Services received but not yet paid | |
| Cash purchases of supplies |
QUESTION 17
The Physical Inventory Worksheet is used when:
| inventory items are physically placed in the warehouse | |
| the computer system goes down | |
| taking a physical count of inventory on hand | |
| All of the choices are correct |
QUESTION 18
What QuickBooks activity comes next in this series of business activities:
Invoice > Receive Payments > ______
| Make Deposit | |
| Receive Payments | |
| Pay Bills | |
| Vendors List |
QUESTION 19
A non-inventory item is:
| Goods purchased for resale to customers | |
| An item purchased for a specific customer job | |
| A service purchased from a vendor | |
| A service sold to a vendor |
QUESTION 20
The Inventory Stock Status by Item report is used when:
| Vendors offer a purchase discount on inventory items | |
| A list is needed of the quantity of inventory on hand and on order | |
| The computers go down | |
| Inventory items are physically placed in the warehouse |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started