⟩ What are the main sections of the Profit & Loss? a. Income, Expenses, and Liabilities b. Income, Cost of Goods Sold, and Expenses c. Income, Assets, and Owner's Equity d. Assets, Liabilities, and Equity
b. Income, Cost of Goods Sold, and Expenses
b. Income, Cost of Goods Sold, and Expenses
When reconciling your bank account in QuickBooks, what must the beginning balance match? a. The beginning balance should always equal the net amount of all uncleared bank transactions. b. It should always match the opening balance on the paper bank statement. c. It should always match the original account opening balance when the account was created. d. The beginning balance should always be zero.
What is equity? a. What you own in the business b. Assets minus (-) liabilities c. What you owe to others in the business d. Assets plus (+) liabilities
What options (tabs) do you have to change a report when you click Modify Report? a. Display b. Filters c. Header/Footer and Fonts & Numbers d. All of the above
Suppose your address information appears on the upper left of your invoice and you want to move it to the lower right. How would you do this? a. Use the QuickBooks Print Engine Editor b. Use the Layout Designer c. Open the Financial Statement Designer d. Use the Custom Form Designer
What is A verification point?
How to create a verification point?
What Is Rational Robot?
How to add a wait state when creating a verification point?
Verification point type?
What are two verification points for use with Web sites?