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Question 1: The search tool link is located a. in the top left corner of the QBO website b. on the navigation bar c. on

Question 1: The search tool link is located

a. in the top left corner of the QBO website

b. on the navigation bar

c. on the icon bar

Question 2: If a company purchased materials from a vendor, on account, that means they will pay for the materials at a later date. As a result of this purchase, the accounts payable account should be:

a. Debited

b. Credited

Question 3: A list of all cash transactions is available

a. By clicking Banking on the icon bar

b. By clicking Cash on the icon bar.

c. By clicking Banking on the navigation bar

d. By clicking Cash on the navigation bar

Question 4: Purchases on a credit card appear in the Accounts Payable Aging report as soon as they are entered in QBO.

a. True

b. False

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