Multiple choice for quickbooks online chapter 6

384 QUICKBooKS ONLINE PLUS: A Complete Course 2016 4. The Sales Tax Center must be set up to include the A. Sales Tax Rate B. Name of the Sales Tax Agency collecting the Sales Tax D. All of the above 5. A Sales Discount may be calculated sales tax. A. Before B. After C. Before or After D. None of the above 6, when a customer returns an item from a sale on account, a(n)--is completed. A. Return Receipt B. Credit Memo C. Invoice D. Sales Receipt 7. To change the quantity on hand for an inventory item, you- A. Prepare an Inventory Valuation Detail report B. Change the Opening Balance Invoice C. Edit the item in the Products/Services List D. Edit the Inventory Asset account 8. To record a sale and the payment at the same time, you prepare a(n)--form. A. Invoice B. Receive Payments C. Sales Receipt D. Both A and B 9. The report that lists the unpaid invoices for each customer is the report A. Customer Balance Summary B. Customer Balance Detail C. Collections Report D. Open Invoices 10. Payment Methods are created for A. Debit Cards B. MasterCard C. Visa D. All of the above