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QBO Domain 2, Lesson 2 Projects

Authored by ELLY GONZALES

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12th Grade

Used 3+ times

QBO Domain 2, Lesson 2 Projects
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

List the three methods one can use to import information into a Products and Services list.

Google sheets, CSV import, and excel file

Email, SMS, and phone call

Copy-paste, screenshot, and print

Download, upload, and delete

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When a user creates a Products and Services list, they should enable the Inventory tracking feature. True or False?

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The only information required when creating a Products and Services list entry is a name. True or False?

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the two main purposes of creating a Products and Services list?

a. A Products and Services list creates sales forms with consistent product and service terminology.

b. It also allows users to keep track of their inventory on hand.

c. Both a and b

d. None of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Non-inventory items are not tracked as a current cost. True or False?

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Non-inventory items are recorded on the Profit and Loss statement as a Cost of Goods Sold. True or False?

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Inventory items are recorded on the Balance Sheet as an Asset. True or False?

True

False

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