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QB Chapter 2

Authored by Shirley Coulter

Life Skills

10th - 12th Grade

Used 2+ times

QB Chapter 2
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You CANNOT change the industry type after you choose it during the setup process.

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is a good idea to select all settings from the beginning when creating a new company file.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You can make a terminated employee inactive, but you CANNOT actually delete the user.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If you choose all settings at the beginning, you CANNOT later customize a preference setting.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Gear menu contains the Chart of Accounts.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The end of a year (for example, 12-31-20xx) is the ideal date to use as a start date.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One side of each historical transaction must be an equity account.

True

False

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