Question
These questions all pertain to QuickBooks and I need help studying for my certification exam. Thanks! 1. Which statement is TRUE about deleting something from
These questions all pertain to QuickBooks and I need help studying for my certification exam. Thanks!
1. Which statement is TRUE about deleting something from a list (e.g. customer, item, account etc.)?
A. You can delete a record from a list if it has NOT been used in a prior financial year.
B. You cannot delete a record from a list.
C. You can delete a record if you enter the Allow Changes password set up in the Accounting Preferences
D. You can delete a record from a list if it has no balance, it has not been used, and is not linked to anything that has been used.
2. Which is not an Item?
A. Other charge
B. Discount
C. Group
D. Expense
3. When setting up a new service item, which action will allow you to use that item on purchase forms, such as purchase orders, check and bills?
A. Mark the item as billable
B. Check the this service is used in assemblies or is performed by a subcontractor or partner and then choose an expense account to associate with the item.
C. In the Preferred Vendor field, enter the vendor that you'll eventually use on the purchase order, check or bill.
D. You don't need to do anything. All service items can be used on purchase orders, checks and bills without any special actions.
4. Which statement about memorized transactions are TRUE?
A. You can update an existing memorized transaction by opening the Memorized Transaction List and right-clicking it to select Edit. Then with the transaction open, make your changes and click the Update Memorized Transaction button.
B. Memorized transactions cannot affect Balance Sheet Accounts.
C. Memorized Transactions are not available if you use QuickBooks Pro.
D. You can update an existing memorized transaction by opening the Memorized Transaction List and double-clicking it. Then with the transaction open, make your changes and click Memorize again.
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