What is the purpose behind memorized transactions in Quickbooks?

What does the abbreviation C.O.G.S stand for in quickbooks?

Sales invoice are automatically sequentially numbered by Quickbooks: True or False

What are Undeposited Funds? Where can you select or deselect the option: Use Undeposited Funds as a default deposit to account?

5. If you have limited information about a new business, the Detailed Start:EasyStep Interview method should be used to create a new company file:

True or False

6. What are the three options available to edit accounts in the Chart of Accounts?