QB - Chart of Accounts

What is the name of the app that is used to remote control into the QB software program?

• SPHS Domain

• Belize Schools Domain

• AnyDesk App

• LAN school

What is the name of the company file that we are currently working on for QB?

• SPHS File

• San Pedro Resort

• Paradise Hotel

• Peaceful Village

Can one change the address of a company file?

• Yes

• No

What is financial management?

• the process of running a business

• recording money coming in and out

• using reports

• all of the above

What is used to make decisions and understand how the business is financially doing?

• reports

• accounts

• file names

If a business owner wants to know how much the business is spending, what specific account should he or she look into?

• revenue

• assets

• liability

• expense

What type of account represents what the business owns?

• asset

• liability

• income

• expense

What is the complete list of all the company’s accounts and balances?

• company address

• items & services

• chart of accounts

Can you sort the account names found in the chart of accounts?

• Yes

• No

What is the range for the account number for an income account?

• 10,000 - 14,999

• 40,000 - 49,999

• 60,000 - 69,999