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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 7 of 8
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 5 of 8
When deciding to cancel your QuickBooks Desktop subscription, what privileges do you have in the View-only 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 4 of 8
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 1 of 8
What is meant by the term Plus in the QuickBooks Desktop products for 2024?
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 2 of 8)
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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