QBO Review Domain 1

QBO Review Domain 1

Professional Development

22 Qs

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QBO Review Domain 1

QBO Review Domain 1

Assessment

Quiz

Business

Professional Development

Practice Problem

Medium

Created by

Glenda Rose

Used 108+ times

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22 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

How many authorized users can you have with QBO Plus?

1

5

25

no limit

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Media Image

What two reports do you compare when migrating data from QB Desktop to QBO?

P&L

Balance sheet

Open Invoices

Cash Flow

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Employees who punch in and out in QBO are authorized users.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Use this icon for things you change once in a while.

Gear icon

New Icon

Help Icon

Apps Icon

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

This type of accounting generally provides a company with a better sense of financial health because it looks not only at what you have on hand, but what is coming in and going out in the future.

Accrual Accounting

Cash Accounting

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Where do you find the "Close the Books" option?

Settings: Account & Settings: Sales

Settings: Account & Settings: Usage

Settings: Account & Settings: Time

Settings: Account & Settings: Advanced

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Tracking by class can let you compare departments, grants, or other funding streams.

True

False

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