Question: What default accounting method does QuickBooks use? 1 point Cash basis Modified cash basis Accrual basis Combination of cash and accrual basis What should you

What default accounting method does QuickBooks use? 1 point Cash basis Modified cash basis Accrual basis Combination of cash and accrual basis What should you set to protect your records against changes that would alter balances for closed accounting periods? 1 point Tax period Closing date password Fiscal year end Budget How can you add new users to your QuickBooks company? 1 point Click the Gear Icon and then Manage Users Access the Reports section Navigate to the Dashboard Use the Import Data function What user type in QuickBooks has unlimited access to all areas? 1 point Admin Regular or Custom Reports Only Accountant What feature helps automate tax tracking in QuickBooks? 1 point Budget planner Sales tax setup Income and expense tracker Payroll integration

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