Questions about quickbooks, please help me! I need help desperately! What account is impacted when saving a mileage trip

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answerhappygod
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Questions about quickbooks, please help me! I need help desperately! What account is impacted when saving a mileage trip

Post by answerhappygod »

Questions about quickbooks, please help me! I need help
desperately!
What account is impacted when saving a mileage trip using the
Mileage feature in QuickBooks?
A No accounts are impacted
B Vehicle Expense
C Travel Expense
D Mileage Expense
When you invite an accountant to your file, you are essentially
granting them the same rights as which user type?
A Time-tracking user
B Company administrator
C Standard user
D Reports-only user
What is progress invoicing?
A Creating estimates to match actual payments on a
job.
B Creating multiple estimates from a single invoice.
C Creating duplicate payments based on invoice dates.
D Creating multiple invoices from a single estimate.
Which of the following business entities does NOT record its
profits on the owner’s tax return?
A Sole proprietorship
B Limited liability corporation
C S-corporation
D Corporation
Which of the following statements is true of how QuickBooks
handles purchase orders with an open status?
A POs are immediately debited from a customer’s
account.
B POs are immediately credited to a vendor’s account.
C POs are required for all transactions.
D POs can be reviewed individually or with a preset report
at any time.
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