Nick is confused about the different name lists in QuickBooks. Who, exactly, should be entered in the
Question:
Nick is confused about the different name lists in QuickBooks. Who, exactly, should be entered in the Customers & Jobs List in the Customer Center? A. Anyone to whom he pays funds B. All subcontractors with whom he works C. Anyone who buys or pays for the services or products that his business sells or provides D. Individuals to whom he issues paychecks
What happens behind the scenes if you don’t use the Receive Payments window to record a payment on an invoice? A. Income will be understated, and Accounts Receivable will be cleared out. B. Income will be overstated, and Accounts Receivable will be cleared out. C. Income will be understated, and Accounts Receivable will not be cleared out. D. Income will be overstated, and Accounts Receivable will not be cleared out.
What report type shows all transactions recorded in QuickBooks for a particular center list entry or account? A. Balance Sheet B. Profit & Loss C. Sales by Item D. QuickReport
What happens when you click this link?
A. Invoice Status Tracker
B. Historical Transaction Window
C. Invoice Details Window
D. Customer History Report
Principles of Auditing and Other Assurance Services
ISBN: 978-0078025617
19th edition
Authors: Ray Whittington, Kurt Pany