ACC/306 ACC306 ACC 306 WEEK 8 QUIZ

ACC 306 WEEK 8 QUIZ

Quiz

  • Question 1
   
 

When the balance of an equity account, like Capital Stock, increases, it means that the account has been:

     

 

     
  • Question 2
   
 

Timing differences discovered when reconciling the bank statement that the bank has not recorded yet, include:

     

 

     
  • Question 3
   
 

When paying a bill, QuickBooks automatically:

     

 

     
  • Question 4
   
 

To print multiple checks at one time:

     

 

     
  • Question 5
   
 

When the balance of an asset account, like Checking, increases, it means that the account has been:

     

 

     
  • Question 6
   
 

Which one of the following activities is shown in the Customer section of the Home page?

     

 

     
  • Question 7
   
 

From the Customers Section, "Assess Finance Charges" allows you to:

     
       
  • Question 8
   
 

Sales in QuickBooks can be recorded with all the following means of payment, except:

     
       
  • Question 9
   
 

From the Customers Section, "Create Credit Memos/Refunds" allows you to:

     
       
  • Question 10
   
 

When a credit sale is recorded on an invoice, QuickBooks records:

     

 

     

 

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