1. Which statement about reports is true?

a. If you click customize report and make changes to a report, every time you run the report later it will have those same changes

b. all reports have the same customization options

c. you can change the default settings for reports through the Edit preferences menu

d. every user has access to the same reports

2. Which statement describes how purchase orders help to organize your purchases and inventory receiving?

1. They track inventory you receive so you can monitor how much inventory you have on hand.
2. They reduce your bank account balance by the amount of the purchase
3. Without purchase orders you wouldn't be able to enter purchases
4. none of the above 3. Which three customizations can be performed on an invoice template in Quickbooks Desktop? a. Modify the color scheme b. Link different default invoice templates to different customers c. Display images of a handwritten thank you and the sender's signature d. Include a picture of each item being sold e. Display past due stamp and a status stamp 4. you suspect that a new paycheck item has been linked to the wrong expense account. which three actions should you perform? a. add the correct expense account to the chart of account b. update the expense account mapping from the chart of accounts c. change the expense account linked to the paycheck item d. edit the paycheck item from the payroll item list e. update all transactions that use the paycheck item 5. Which statement about general journal entries is false? a. accountants can use general journal entries to enter year end adjustments b. accountants can use general journal entries to enter depreciation c. enter a general journal entry when you're not sure which form to use d. general journal entries require a good understanding of debits and credits and should not be used by