What is a bank rule?

a$)$ A list of criteria QuickBooks Online uses to automatically categorize

transaction for you.

b$)$ A list of the types of financial accounts QuickBooks Online can connect

to$.$

c$)$ Alist of events that happens to your company file.

d$)$ A list of the payment terms for a customer.

You need to connect financial accounts to QuickBooks Online. Which types

of financial accounts can QuickBooks Online connect to$?$

a$)$ Brokerage

b$)$ Credit card

c$)$ PayPal

d$)$ Savings

Match the correct action to each transaction:

a$)$ Add

b$)$ Match

c$)$ Split

d$)$ View $($Find other matches$)$

Creates a new transaction.

Categorizes parts of a transaction differently.

Links the new transaction with an existing transaction.

Displays multiple transactions that might match an existing transaction.

Which action would you take to make sure all income and expenses are

entered correctly and match the monthly statements for your bank and

credit card accounts?

a$)$ Add Account

b$)$ Import

c$)$ Reconcile

d$)$ Update

What report is available after a bank account has been compared to the

bank statement?

a$)$ Statement of Cash Flows

b$)$ Bank Register

c$)$ Balance Sheet

d$)$ Reconciliation Summary