During The EasyStep Interview, How Do You Setup A New Account That Is Not On The Default List Of Accounts? A. You Can't Add Accounts That Are Not On The QuickBooks Default List. Finish The Interview And Add The Accounts Directly To The Chart Of Accounts. B. Click Add New Account In The EasyStep Interview. C. Click Edit Account During The EasyStep Interview. D. Select Import My Chart Of Accounts During The EasyStep Interview.

⟩ During the EasyStep Interview, how do you setup a new account that is not on the default list of accounts? a. You can't add accounts that are not on the QuickBooks default list. Finish the interview and add the accounts directly to the Chart of Accounts. b. Click Add new account in the EasyStep Interview. c. Click Edit Account during the EasyStep Interview. d. Select Import My Chart of Accounts during the EasyStep Interview.

a. You can't add accounts that are not on the QuickBooks default list. Finish the interview and add the accounts directly to the Chart of Accounts.

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How do you set up multiple businesses in QuickBooks (assuming each business files a separate tax return)? a. Purchase a separate QuickBooks license for each company you need to set up. b. Go through the EasyStep interview for the oldest company first, and then choose File > Add a separate business at the end of the interview. c. Go through the EasyStep interview for each company to create a separate company file. d. Go through the EasyStep Interview for the largest company first, and then choose File > Add a separate business at the end of the interview.

When setting up a new company through the EasyStep Interview, some company information is optional and some is absolutely required. Which of the following pieces of information does QuickBooks require you to enter? a. Company name b. Company password c. Tax ID d. All of the above

You've just been hired by a bakery that sells delicious cup cakes. When they buy ingredients (flour, eggs, milk, and sugar), they use the Expense tab and assign the costs to a Cost of Goods Sold account. You need to set up an item for cakes. What item type should you use? a. Group b. Inventory Part c. Inventory Assembly d. Non-inventory Part

What account (on the Chart of Accounts) is affected when you sell an item? a. The account you selected when you set up the item. b. Other Income account. c. A default sales account set up by QuickBooks. d. Accounts are not affected by items

What are other benefits of using items? a. You can track the actual quantity of goods or services you sell. b. They can save you time by automatically entering a description and price on forms. c. They allow you to track a lot of detail without cluttering your Chart of Accounts. d. All of the above.

Which of the following statements is true concerning items? a. You can use one item to represent different services or goods. b. Items allow you to track your sales in more detail without cluttering your Chart of Accounts or Profit & Loss. c. To create an invoice, you must use an item. d. All of the above.

How does entering time for a job affect job cost reports? a. QuickBooks adds the cost of that employee's time to the job cost. b. QuickBooks adds the cost of that employee's "labor burden" to the job cost. c. A and B. d. None of the above.

How do you track sick or vacation time in QuickBooks? a. When you set up an employee, define how QuickBooks should accrue time. b. Set up a sick or vacation wage item. c. Pay an employee with a sick or vacation wage item. d. All of the above.

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