Question: 1. Which statement describes how purchase orders help to organize your purchases and inventory receiving? a. They track inventory you receive so you can monitor

1. Which statement describes how purchase orders
1. Which statement describes how purchase orders help to organize your purchases and inventory receiving? a. They track inventory you receive so you can monitor how much inventory you have on hand. b. They reduce your bank account balance by the amount of the purchase c. Without purchase orders you wouldn't be able to enter purchases d. None of the above 2. You need to create a memorized report that lists customers, and jobs, one per row, with the following columns. Customer, main phone, State, Balances (for the customer or job in toral). Which two reports can you use as starting points? (Choose 2) a. Open Invoices b. Transaction List by Customer c. Customer Contact List d. Customer Phone List 3. You need to add money to an employee's paycheck for bonus compensation. What should you do? a. On the paycheck, select the bonus check box and enter the amount of the bonus in the field provided. b. Set up a compensation type payroll item linked to an expense account enter the bonus in the earnings section of the employee's paycheck when running payroll. c. Set up a bonus type payroll item to be linked to a liability account. enter the bonus in the earnings section of the employee's paycheck when running payroll d. on the paycheck, click the expenses tab and enter the amount of the bonus in the amount field. 4. Which type of form templates can be customized in QuickBooks? a. Bill b. Check C. Invoice d. Deposit

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