Question
QUESTION 1 When uploading a receipt to QuickBooks Online from a folder on your computer, which two actions is used? Drag and drop from the
QUESTION 1
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When uploading a receipt to QuickBooks Online from a folder on your computer, which two actions is used?
Drag and drop from the folder into the drop box on the Receipts tab
Select the browse to upload link in the Receipts tab
Take a photo of it on your phone and email the file
Take a photo of it on your phone and send the file via the app
10 points
QUESTION 2
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If a transaction meets the criteria of multiple rules, which rule will be applied?
The newest rule to be set up
The one listed first
Multiple rules will be applied
The one most frequently used
10 points
QUESTION 3
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Your client has noticed a transaction that is duplicated in the bank feed and is asking for your advice. How would you respond?
QuickBooks Online will automatically detect and delete the duplicate transaction
Its fine to have duplicate transactions in the bank feed as they will be ignored during reconciliation
We can add an Adjusting Journal Entry to offset the duplicated transaction
The transaction will need to be excluded if its a duplicate in the bank feed because it will lead to errors in reconciliation
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Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
10th Edition
B010IKDQZM
