Answer Happy

Questions about quickbooks, please help me! I need help
desperately!
What is an amortization schedule used for?
A To show how much of a loan payment goes to the principal
and how much goes to pay interest.
B To apply standard accounting rules specifying material
vs. immaterial assets.
C To set rules for which asset purchases will be recorded
as assets.
D To track the value of a fixed asset over time.
An artist in Wisconsin has sold a painting to a gallery in
Saskatchewan. The gallery will be paying in Canadian dollars rather
than U.S. dollars. Where in the Customer information window can the
artist indicate the currency type this customer pays in?
A Notes tab
B Payment and billing tab
C Additional Info tab
D Language tab
You want all of your purchase orders to carry a special message
for every customer. Where do you access the “Default message on
purchase order” field in order to enter the text for the
message?
A Account and Settings window, Expenses tab, Purchase
orders section
B Custom Form Styles window, Sales tab, click on New
Styles
C Accounting window, Recurring Transactions section, click
on Reminder List
D Accounting window, Reconcile tab
Why should you set a closing date for your file after you have
closed an accounting period?
A To determine the fiscal year for the business.
B Because without a closing date, the system will not save
transactions to the correct period.
C Because the file will require it before you can generate
any reports.
D To limit changes to past saved entries.
From the Account and Settings window, where do you go to
activate the QuickBooks multicurrency feature?
A Sales
B Usage
C Expenses
D Advanced