Quickbooks Question

1. Which of the following statements about reporting and paying taxes is true? a. You may need to create adjustments to a Sales Tax Over/Under GL account to fix rounding errors. b. You may need to create adjustments to a Cash Over/Under GL account to fix rounding errors. c. The amount of tax collected must always match the calculated tax totals before you can remit them. d. You cannot combine the PST and HST taxes when remitting tax forms. 2. Which QuickBooks payroll service remits and files taxes? a. Basic b. Enhanced c. Enhanced for Accountant d. Assisted Payroll 3. Which of the following statements about setting up a payroll schedule is true? a. The payroll for both salaried and hourly employees is usually processed before the PPE. b. The payroll for both salaried and hourly employees is usually processed after the PPE. c. The payroll for salaried employees is usually processed before the PPE and the payroll for hourly employees is usually processed after the PPE. d. The payroll for hourly employees is usually processed before the PPE and the payroll for salaried employees is usually processed after the PPE.