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Question 7 of 8 What best describes the function of customer prepayments? A . Customer prepayments are reported as a current liability B . Customer
Question of
What best describes the function of customer prepayments?
A Customer prepayments are reported as a current liability
B Customer prepayments can be applied to open sales order amounts
C Customer prepayments are reported as negative amounts credit accounts receivable
D A and B
Question of
When deciding to cancel your QuickBooks Desktop subscription, what privileges do you have in the Viewonly access?
A Adding, editing, or deleting transactions
B Adding new QuickBooks Company file users
C Creating a backup you can restore to your own computer
D Viewing or exporting the QuickBooks Company data to excel or PDF
Question of
Which of the following statements are correct about Background Updates?
A Update messaging is now found on the status bar
B Background updates refer to installing a new years version
C Background updates refer to maintenance releases in a single years version
D A and C
Question of
What is meant by the term Plus in the QuickBooks Desktop products for
A Renew the subscription every three years
B Renew the subscription every year for working access to your data
C Renew the subscription every year if you have a payroll subscription
D Renew the subscription every three years if you use bank downloads
Question of
What can you do with the QuickBooks Cash flow hub?
A View historical trends
B Manage which accounts display
C Add bank feed balances for connected accounts
D All of the above
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