Question: these questions are based on quick books pls help. A memorized transaction 0 can be set up for automatic entry or can be set up



these questions are based on quick books pls help.




A memorized transaction 0 can be set up for automatic entry or can be set up on a reminder list. 0 can only be created at the beginning of the fiscal year. Q can be added to a reminder list but cannot be set up for automatic entry. 0 must be set up for automatic entry. When budgeting, estimates might be based on: 0 industry statistics 0 projections of sales growth 0 past experience 0 any of the above Question 33 (2 points] When a memorized report is accessed, the report dates will automatically change to the current period. Question 16 (1 point] All accounts are automatically closed to Retained Earnings by QuickBooks at the end of each fiscal year. Question 17 (1 point] The detaiied start method of creating a new company uses the EasyStep interview process to set up a company file. Question 18 (1 point] A basic chart of accounts can be set up as part of the EasyStep interview process. Question 21 (2 points) If payroll is processed manually in QuickBooks O QuickBooks will calculate gross pay but will not calculate tax with holdings. 0 all payroll transactions are entered through journal entries. 0 QuickBooks will calculate gross pay and employer payroll taxes (federal and state) but will not calculate employee tax withholdings. O QuickBooks will calculate gross pay and federal withholdings but will not calculate state withholdings. Question 22 (2 points] Information about employees including contact information and payroll information is maintained in 0 Employee Center 0 Payroll List 0 Payroll Center 0 Vendor Center
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