Chapter 2 Quick Books

Categories can be added to the Quickbooks Online Products and services list

• true

• false

QuickBooks Online allows you to delete Items form the default list of products and services

• True

• False

QuickBooks Online Plus allows you to restrict users' access to some features?

• True

• False

When you record a check written in QuickBooks, you must select the account in the register.

• True

• False

When setting up a new company file, which start date is best to choose?

• July 25, 20xx

• December 31, 20xx

• April 1, 20xx

• January 10, 20xx

You can upload your company logo into QuickBooks Online from the:

• Navigation Bar

• Company Setting

• Create Icon

• None of these options

You can choose to label your customers:

• Clients

• Members

• Tenants

• All of these options

Assets accounts include:

• Bank Accounts

• Credit Card Accounts

• Accounts Payable

• Advertising Expenses

Within the Chart of Accounts list, you can:

• Edit or change the account name

• Add a new account

• Merge accounts

• All of the options

QuickBooks Online creates a default Chart of Accounts base on:

• what state you are in

• the business type selected during setup

• how long you have been in business

• none of these options