Questions about quickbooks, please help me! I need help
desperately!
Which of the following is NOT true about Intuit’s payroll
service?
A The service will track employee sick and vacation
time.
B It will calculate hours worked, wages and year-to-date
totals for all employees.
C The service will track the company’s payroll tax
liabilities but will not automatically file tax payments.
D Employee net pay amounts can be automatically direct
deposited to their accounts.
Which QuickBooks report shows you exactly how much you’ve
invoiced on a job sorted by customer?
A Accounts receivable aging summary
B Estimates & Progress Invoicing Summary by
Customer
C Sales Performance
D Balance Sheet
Your company needs a quick infusion of cash. You decide to put
$10,000 of your own money into the business checking account. On
QuickBooks’ Bank Deposit page, you select Checking in the Account
field and enter the date. What do you do next?
A In the “Add Funds to this Deposit” section, choose Owner
in the Received From column, and choose Checking from the drop-down
list in the Account column.
B In the “Add Funds to this Deposit” section, skip the
Received From column, and choose Owner’s Draw from the drop-down
list in the Account column.
C In the “Add Funds to this Deposit” section, skip the
Received From column, and choose Owner’s Equity from the drop-down
list in the Account column.
D In the “Add Funds to this Deposit” section, choose Owner
in the Received From column, and choose Cash from the drop-down
list in the Account column.
Which windows are the most common transaction types you’ll use
to add costs to a project?
A Expense and Bill
B Invoice and Expenditure
C Net and Gross
D Time and Entries
Which of the following statements about converting a
sub-customer to a project in QuickBooks is true?
A Once a sub-customer is converted to a project, the
process is not reversible.
B A project can be converted to a sub-customer but not the
other way around.
C Financial information will remain with the sub-customer
while transaction information will convert to the project
format.
D QuickBooks recommends using sub-customers rather than
projects to track transactions.
Questions about quickbooks, please help me! I need help desperately! Which of the following is NOT true about Intuit’s p
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