Please Help me with homework

		Create purchase order to order items from vendor
		Receive item and record as inventory
		Create invoice order to bill customers for purchases
		Receive bill and record obligation to pay vendor later

QUESTION 2

What QuickBooks activity comes next in this series of business activities:

Purchase Order > Receive Items > Enter Bills > ______

		Receive Payments
		Pay Bills
		Deposit
		Vendors List

QUESTION 3

Which order of tasks is used when purchasing inventory?

		Enter Bills > Pay Bills
		Enter Invoice > Write Check
		Purchase Order > Receive Items > Receive Bill > Pay Bills
		Purchase Requisition > Receive Inventory > Pay Bills

QUESTION 4

Which of the following activities and QuickBooks window used to record it is incorrect?

		Sell goods and bill customers; Invoice
		Record inventory information; Inventory List
		Record vendor information; Vendors List
		Order goods; Purchase Order

QUESTION 5

Which one of the following is usually classified as an inventory item?

		Goods purchased for resale to customers
		Items purchased and the quantity on hand does not need to be tracked
		Items purchased and used by the company such as office supplies
		Items purchased for a specific customer job

QUESTION 6

The Open Purchase Orders Report gives information about:

		Purchase Orders for items ordered but not yet received.
		All Purchase Orders.
		Purchase Orders from domestic companies only.
		Purchase Orders from foreign companies only.

QUESTION 7

How does QuickBooks categorize items?

		Non-inventory items
		Inventory items
		Service items
		All of the choices are correct

QUESTION 8

Which report provides information on items ordered but not received?

		Accounts Payable Aging Detail
		Accounts Payable Aging Summary
		Open Purchase Orders Report
		Physical Inventory Worksheet

QUESTION 9

Which window is used to pay sales taxes?

		Create Invoice
		Write Checks
		Manage Sales Tax
		Enter Bills

QUESTION 10

Which one of the following is not a vendor transaction?

		Receive inventory
		Make deposits
		Order inventory
		Receive bills