Question 11: Which is an example of a class in accounting? Answer: O Construction O Non-profit 0 Remodeling O Salon Question 12: What must you do before you can start using classes? Answer: O Check Track Classes in the Categories window opened from the Advanced tab in the Account and Settings window on the Tools menu. O Check Assign Classes in the Categories window opened from the Advanced tab in the Account and Settings window on the Tools menu. O Check Assign Classes in the Categories window opened from the Advanced tab in the Account and Settings window on the Gear menu. D. Check Track Classes in the Categories window opened from the Advanced tab in the Account and Settings window on the Gear menu. Question 14: What action would you take in QuickBooks Online if you (the company's owner) had a receipt from lunch that you paid using your Visa account? Answer: O Record a sales receipt. O Create an invoice for it and then deposit the money in the checking account. O Record an expense transaction. D. O Nothing; this scenario has nothing to do with the business and should not be entered as a transaction. Question 18: Match these QuickBooks Online accounting terms with their best descriptions. Sales by Store Summary Use this for measuring income and expenses over time for individual defined segments. DROP HERE Profit and Loss by Class This tracks sales for a store. Sales receipt Create one of these for a taxable cash sale. DROP HERE Track location This displays a way to measure growth at each location