Label the following statement as true or false.

Companies should not change their EIN frequently

What icon do users select to edit company information sections?

(a)  

How can users ensure that only certain people can change the books after closing them?

What is the accrual accounting method?

Which accounting method is used mainly by individuals and small businesses? Why?

a.

b.

Which accounting method gives the most accurate assessment of a company’s financial health?

(a)  

Label the following statement as true or false.

It is a good idea to switch back and forth between accounting methods frequently

What is another way to track transactions besides class or project?

(a)  

What updates accordingly as income and expenses are added to a project?

(a)  

Which automated workflow allows users to add a memo to late invoices?

Label the following statement as true or false.

All automated workflows automatically send emails to customers.

Which automated task would a user set up to notify customers their payment has been received?

Which workflow reminder helps a user’s bookkeeping stay current?

Users set up automated workflows by creating what two things?