QUESTION 20 Which two management reports in QBO are useful for planning purposes and assessing future profitability? Physical Inventory Worksheet and Transaction Journal. Accounts Receivable Aging and Accounts Payable Aging. Income by Customer Summary, and Sales by Product/Service Summary. Transaction Journal and Audit Log. QUESTION 21 Which of the following is FALSE regarding payroll tax forms? Payroll tax forms are filed for withholdings from employee pay and employer income tax expenses. Payroll tax forms are used to summarize the amount of payroll withholdings that have been collected and remitted. All of the following are payroll tax forms: Form 940, Form 941, Form 944, and Form 1040 Form W-2 is provided to the employee and form W-3 is filed with the Social Security Administration, QUESTION 22 In QBO, what onscreen form do you use to select bills that are due and ready to pay? Cash form Check form Pay Bills form Expense form