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Test Bank for Computer Accounting with QuickBooks Online: A Cloud Based Approach, 4th Edition Yacht $29.49   Add to cart

Exam (elaborations)

Test Bank for Computer Accounting with QuickBooks Online: A Cloud Based Approach, 4th Edition Yacht

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  • Course
  • Computer Accounting
  • Institution
  • Computer Accounting

Test Bank for Computer Accounting with QuickBooks Online: A Cloud Based Approach, 4th Edition 4e by Carol Yacht and Matthew Lowenkron. Full Chapters test bank are included - Chap 1 to 12 (Complete Chapters) Chapter 1: QuickBooks Online Test-drive Chapter 2: New Company Setup and the Chart of A...

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  • August 18, 2023
  • 120
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • Computer Accounting
  • Computer Accounting
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Tutor247
Chapter 01 4e



1. Award: 10.00 points




The Test Drive company is also known as:


 Craig’s Design and Landscaping Services.

 The sample company.

 Populated company data used in Chapter 1.

 A way to practice using the QuickBooks Online (QBO) user interface.

 All of the choices are correct.



References

Multiple Choice Difficulty: 1 Easy



2. Award: 10.00 points




The link between the user and the software is called the:


 Chart of Accounts.

 General Ledger.

 Navigation bar.

 User interface.

 All of the choices are correct.



References

Multiple Choice Difficulty: 2 Medium

,3. Award: 10.00 points




To create transactions, use this icon:


 Apps.

 Gear.

 + New.

 Magnifying-glass.

 All of the choices are correct.



References

Multiple Choice Difficulty: 2 Medium



4. Award: 10.00 points




To go to Account and settings, use this icon:


 Question mark.

 Gear.

 Plus.

 Magnifying-glass.

 All of the choices are correct.



References

Multiple Choice Difficulty: 2 Medium

,5. Award: 10.00 points




To see recent transactions, use this icon:


 Question mark.

 Gear.

 Plus.

 Magnifying-glass.

 None of the choices are correct.



References

Multiple Choice Difficulty: 2 Medium



6. Award: 10.00 points




QuickBooks Online updates:


 Automatically.

 Never.

 Every time you sign in and sign off.

 At the end of the quarter.

 All of the choices are correct.



References

Multiple Choice Difficulty: 3 Hard

, 7. Award: 10.00 points




When you sign out of the test drive, your data is:


 Saved.

 Not saved.

 Exports to Excel.

 Saved as PDF file.

 All of the choices are correct.



References

Multiple Choice Difficulty: 2 Medium



8. Award: 10.00 points




A complete list of a business’s accounts and their balances is called:


 Balance Sheet.

 Income and expense accounts.

 Trial Balance.

 Chart of Accounts.

 None of the choices are correct.



References

Multiple Choice Difficulty: 3 Hard

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