Question: Please Help me with homework QUESTION 11 Vendor reports can be accessed in QuickBooks in all of the following ways except: Reports Center Vendors Center
Please Help me with homework
QUESTION 11
Vendor reports can be accessed in QuickBooks in all of the following ways except:
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| Reports Center | |
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| Vendors Center | |
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| Reports Menu | |
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| All of the choices are correct |
QUESTION 12
Which one of the following activities is not shown in the Vendors section of the Home page?
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| Write Checks | |
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| Pay Sales Taxes | |
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| Pay Bills | |
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| Purchase Orders |
QUESTION 13
Sales taxes are:
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| Charged on sales to other retailers | |
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| Charged on retail sales to customers | |
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| Paid by the retailer on sales to vendors | |
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| Paid by the vendor |
QUESTION 14
If you received inventory without a bill, once the bill has arrived you could do all of the following, except:
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| Enter the bill against the inventory already recorded | |
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| Enter the inventory and then enter the bill separately | |
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| Enter the bill and wait for the inventory to arrive | |
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| Enter the inventory and bill at the same time |
QUESTION 15
Which of the following reports is typically used when counting inventory on hand?
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| Inventory Valuation Summary | |
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| Inventory Valuation Detail | |
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| Inventory Stock Status by Item | |
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| Physical Inventory Worksheet |
QUESTION 16
The Purchase Orders window is used to record which one of the following transactions?
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| A customer order to purchase goods | |
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| An order to purchase goods from a vendor | |
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| Services received but not yet paid | |
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| Cash purchases of supplies |
QUESTION 17
The Physical Inventory Worksheet is used when:
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| inventory items are physically placed in the warehouse | |
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| the computer system goes down | |
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| taking a physical count of inventory on hand | |
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| All of the choices are correct |
QUESTION 18
What QuickBooks activity comes next in this series of business activities:
Invoice > Receive Payments > ______
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| Make Deposit | |
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| Receive Payments | |
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| Pay Bills | |
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| Vendors List |
QUESTION 19
A non-inventory item is:
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| Goods purchased for resale to customers | |
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| An item purchased for a specific customer job | |
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| A service purchased from a vendor | |
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| A service sold to a vendor |
QUESTION 20
The Inventory Stock Status by Item report is used when:
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| Vendors offer a purchase discount on inventory items | |
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| A list is needed of the quantity of inventory on hand and on order | |
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| The computers go down | |
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| Inventory items are physically placed in the warehouse |
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