Quickbooks;

1.Under which preference heading would you find the option to use account numbers?

a.Desktop View

b.Accounting

c.General

d.Integrated Applications

2.What is the name of the item that is automatically added to the Item List when Finance Charge preferences have been set up?

a.Interest

b.Charges

c.Cust Chg

d.Fin Chg

3.The default due date assigned for bills is:

a.The end of the month

b.30 days after receipt

c.Immediately

d.10 days after receipt

4.Which type of account would normally be linked to items used to record merchandise purchased?

a.Liability

b.Asset

c.Revenue

d.Expense

5.By default, what are the items on the Item list sorted by?

a.Catalog number

b.Rate

c.Name

d.Unit of measure

6.Which item type should you choose for items such as finance charges or delivery and setup fees?

a.Service

b.Additional Fee

c.Non-Inventory Part

d.Other Charge

7.How could an error in a credit card reconciliation be corrected?

8.Why should a closing password be set?

9 Why are Fixed Asset accounts often grouped into parent and subaccounts?

10- How would you correct the type of an account?