Quickbooks Ch. 4 Review

When you pay a bill, which account is debited?

• A/P

• Checking

• A/R

• Telephone Expense

Which is not one of the five tabs shown when editing a vendor's record?

• Payment Settings

• Report Settings

• Tax Settings

• Account Settings

What will prevent you from deleting a vendor record from the Vendor List?

• You have previously edited the vendor's information

• You entered an account number for the vendor

• You used the vendor in a transaction

• All of these options

In QuickBooks, subcontractors are considered:

• Vendors

• Employees

• Customers

• Contacts

Vendors must be entered into the Vendor list before you can enter a bill for them.

• True

• False

You can choose a payment method from the Pay Bills window

• True

• False

If you accidently merge two list entries, you can choose to undo the action

• True

• False

You can delete a vendor from the Vendor List if it has been used fewer than ten times in transactions

• True

• False

QuickZoom allows you to view a report displaying the data a graph is based.

• True

• False

Ch. 4 makes sense to me and I have no questions

• Totally good to go

• Mostly good to go

• Undecided

• Not quite good to go

• Totally lost