QUESTION 16

1. To track reimbursable expenses and time you can use one or more transaction types. Which one of the following transactions is not likely to be considered;

a.

Weekly timesheets

b.

Single Time Activity

c.

Invoicing

d.

Expenses

QUESTION 17

1. QuickBooks recognizes when you are converting an estimate to an invoice and asks you the question: How much do you want to invoice? Which of the following options would not be offered?

a.

Total of all estimate lines

b.

Percentage of each line

c.

Custom amount for each line

d.

None of the above

QUESTION 18

1. When you are creating a Credit Memo it is not necessary to use the same Product/Service item that is in the original invoice. QuickBooks will automatically adjust the same account that was used on the original transaction.

True

False

QUESTION 19

1. To create a recurring template with a schedule associated with it, select the interval for how often the transaction will be created. Which of the following interval that is not included in the QuickBooks list?

a.

Weekly

b.

Monthly

c.

Semi-annually

d.

None of the above

QUESTION 20

1. QuickBooks can be setup to automatically remind you when bill payments are due.

True

False