Quick Books Unit 1 Review

After QuickBooks sets up a chart of accounts during the Express Start or Advanced Setup, which of the following is TRUE?

• Accounts open balances can be changed.

• New accounts can only be added during the Express Start or Advanced Setup.

• It is possible to add more accounts later.

• Only Income and Expense accounts can be added after completing the Express Start Setup.

Which type of data is not imported into QuickBooks when importing data?

• Customers

• Data that does not match the format of a field

• Employees

• Vendors

Once a file is opened for import, what is the next step in the import process?

• Choose records to import

• Fix data errors

• Indicate the list to which the data will be imported

• Map the fields to import

Where in QuickBooks Online does one go to add a user?

• Create - New User

• Create - User

• Settings - Add User

• Settings - Manage Users

Where are accounts added in QuickBooks online?

• On the import list section

• on the chart of accounts

• Invoice section

• Manage Users

Which statement is true about setting up new QuickBook Online accounts?

• Accounts can be added at a later date

• Accounts can not be changed anymore

• Accounts are permanently locked

• Accounts can only be added through the desktop version

Besides you email and company name, what other information is needed to set up a online account on QuickBooks?

• Your business address

• Your Phone Number

• How long you have been in business

• Where you are located

The three access options one can grant to a new user are all, none, or

• limited

• unlimited

• premier

• essential

To import a list, you need to go to which tabs?

• Sales then products and services

• Company type then company info

• Accountant then chart of accounts

• Workers then payroll

How do you get to the account and settings area?

• click the +New Button

• Click the home button

• Click the settings gear

• Click the Help Button