question 7 has the benefits listed,

Question 7 Which 3 are benefits of using apps with QuickBooks Online? They can provide additional insight into various parts of a business They can help to speed up the performance of QuickBooks Online They can solve industry-specific needs They are all included free with your QuickBooks Online subscription They can provide a discount on QuickBooks Online They can reduce time spent on data entry The benefits of using apps: 1. Reduce data entry: Some apps automatically collect and input data, reducing manual entry errors and eliminating inefficiencies caused when entering data into multiple programs 2. Solve industry-specific tasks: Specialized apps solve industry- and client- specific pain points such as sales force management, estimation, and job costing 3. Streamline workflow processes: Apps can offer robust features that optimize common business processes such as inventory management, shipping, and e-commerce or field-service management 4. Expand business insight: Customizable reporting apps offer user-friendly dashboards and graphics that improve visibility into performance metrics and provide deeper business insights 5. Security and/or the separation of duties: Some apps will allow the ability to add information to QuickBooks Online without giving access to sensitive company information tion 11 Which 4 statements regarding the chart of accounts are true? The Sales of Product Income account is a default account when inventory is turned on When you specify a sales price/rate when setting up Products and Services, you link them to the chart of accounts If you add a new account, the detail type determines on which financial statement this account will show You should make an account inactive from the chart of accounts if it is not relevant to your business To add a new account, open the Chart of Accounts by selecting Accounting from the left navigation, then select New to open the Account window Uncategorized Income and Uncategorized Expense are default accounts for online banking activity Question 15 In QuickBooks Online, the Products and Services list contains the items that will appear on your client's purchase and sales transactions. What must each product/service item be mapped to? O Class Product category Chart of accounts O Preferred vendor Question 17 Timothy would like to add another term to the current list of terms within QuickBooks Online. Where would he go to add the additional term? O Gear > Account and settings > Sales Terms > New Gear > Payments > Terms > New O Gear > Products and services > More > Terms > New Gear > All lists > Terms > New