Question 16 of 47 You suspect that a new paycheck item has been linked to the wrong expense account. Which three actions should you perform? (Choose 3.) A Change the expense account linked to the paycheck item. B. Edit the paycheck item from the Payroll Item List. C. Update the expense account mapping from the Chart of Accounts. D. Update all transactions that use the paycheck item. E. Add the correct expense account to the Chart of Accounts OF. Delete the paychecks that use the item and then recreate them. Question 17 of 47 What are valid reasons for an accountant to enter a general journal entry? A. To enter depreciation make year-end adjustments, correct errors and to avoid using the built-in forms (eg, checks and invoices). B. To make year-end adjustments, correct errors, and to avoid using the built-in forms (eg checks and invoices) C To enter depreciation, make year-end adjustments, and correct errors D To enter depreciation, make year.end adjustments, and to avoid using the built-in forms (eg checks and invoices). Question 18 of 47 When you record a Sales Receipt, where is the customer's payment recorded? A. Your bank account I B. Deposited Funds C. Undeposited Funds D. The account you select in the Send payment to list. Question 19 of 47 Which three statements about credit memos are True? (Choose 3.) O A. Amounts issued on a credit memo can be issued as a refund to the customer account OB Credit memos always increase inventory balances C Amounts issued on a credit memo can be immediately applied to an open bill from a vendor. D Amounts issued on a credit memo can be retained in the customer account and used to offset a future invoice. WE Credit memos reduce the overall balance due from a customer. 11 Question 20 of 47 Time Remaining Which report displays the actions of each individual user in a company file? A Audit Trail B There is no report for this, but you can see what each user has done in the window that QuickBooks opens when you select Company > Set Up Users and Passwords 3 C Run the Transactions List by Date report and then click Customize Report Select the Last modified by check box, and then click OK DUser Log