Question 1

In Chapter 6, the Trial Balance is displayed from October 1 through December 30.

Accepted Answer

A) True 
 B)False  True

Question 2

Before completing the work within Chapter 6, check your data with the following report:

Accepted Answer

A) December 1 Trial Balance. 
B) December 31 Trial Balance. 
C) November 30 P&L. 
D) November 1 Balance Sheet. 
E) None. 
A) December 1 Trial Balance. 
B) December 31 Trial Balance. 
C) November 30 P&L. 
D) November 1 Balance Sheet. 
E) None. A

Question 3

When displaying the journal, it doesn't matter if the current year is shown for each transaction.

Accepted Answer

A) True 
 B)False  False

Question 4

Who sends verification of credit card receipts?

Accepted Answer

A) Customers. 
B) Vendors. 
C) Clients. 
D) Bank. 
E) None. 
A) Customers. 
B) Vendors. 
C) Clients. 
D) Bank. 
E) None.

Question 5

The documents shown trigger transaction analysis for vendors, inventory, customers, cash and credit card sales.

Accepted Answer

A) True 
 B)False

Question 6

One of QB Cloud's customers is the Law Office of Williamson, Gallagher, and Katz.

Accepted Answer

A) True 
 B)False

Question 7

For Credit Card Sales, what selections are made?

Accepted Answer

A) Create menu (+) > Sales Receipts. 
B) Create menu (+) > Credit Card Credit. 
C) Gear > Account and Settings > Advanced. 
D) Gear > Manage Users. 
E) None. 
A) Create menu (+) > Sales Receipts. 
B) Create menu (+) > Credit Card Credit. 
C) Gear > Account and Settings > Advanced. 
D) Gear > Manage Users. 
E) None.

Question 8

The Transaction Register in Chapter 6 lists QB Cloud's deposits.

Accepted Answer

A) True 
 B)False

Question 9

To see the appropriate report balances, type the date range.

Accepted Answer

A) True 
 B)False

Question 10

Identify the vendor who purchases Web servers.

Accepted Answer

A) eBiz. 
B) Any Time Deployment. 
C) CloudZ Channel. 
D) Computers 2 You. 
E) None. 
A) eBiz. 
B) Any Time Deployment. 
C) CloudZ Channel. 
D) Computers 2 You. 
E) None.

Question 11

Sales receipts and remittances work together.

Accepted Answer

A) True 
 B)False

Question 12

The Customer Balance Summary shows the same balance as Account 105 Accounts Receivable (A/R).

Accepted Answer

A) True 
 B)False

Question 13

The action of sending money in payment of a bill is called a/an:

Accepted Answer

A) Activity. 
B) Transaction. 
C) Remittance. 
D) General journal entry. 
E) None. 
A) Activity. 
B) Transaction. 
C) Remittance. 
D) General journal entry. 
E) None.

Question 14

On the Sales Receipts page, select the appropriate credit card name.

Accepted Answer

A) True 
 B)False

Question 15

One computer is sold for:

Accepted Answer

A) $500.00. 
B) $1,000.00 
C) $900.00. 
D) $450.00. 
E) None. 
A) $500.00. 
B) $1,000.00 
C) $900.00. 
D) $450.00. 
E) None.

Question 16

Receiving payment from a customer is recorded in the following way:

Accepted Answer

A) Customers page > select customer > Receive Payment. 
B) Create menu (+) > Receive Payment. 
C) Receive payment from the Customers page or the Create menu. 
D) Gear icon > Account and Settings > Advanced. 
E) None. 
A) Customers page > select customer > Receive Payment. 
B) Create menu (+) > Receive Payment. 
C) Receive payment from the Customers page or the Create menu. 
D) Gear icon > Account and Settings > Advanced. 
E) None.

Question 17

In QBO, how are Credit Card Sales identified?

Accepted Answer

A) QBO defaults to Credit Card Sales. 
B) As a vendor. 
C) As a customer. 
D) None. 
E) All. 
A) QBO defaults to Credit Card Sales. 
B) As a vendor. 
C) As a customer. 
D) None. 
E) All.

Question 18

After analyzing each source document, record the appropriate __________________:

Accepted Answer

A) Transfer. 
B) Transaction. 
C) Trial balance. 
D) Customized report. 
E) None. 
A) Transfer. 
B) Transaction. 
C) Trial balance. 
D) Customized report. 
E) None.

Question 19

The vendor Conf/Call purchases Webinars.

Accepted Answer

A) True 
 B)False

Question 20

When one Network product is sold, the rate is:

Accepted Answer

A) $30.00. 
B) $50.00. 
C) $150.00. 
D) $300.00 
E) None. 
A) $30.00. 
B) $50.00. 
C) $150.00. 
D) $300.00 
E) None.

In Chapter 6, the Trial Balance is displayed from October 1 through December 30.

Before completing the work within Chapter 6, check your data with the following report:

When displaying the journal, it doesn't matter if the current year is shown for each transaction.

Who sends verification of credit card receipts?

The documents shown trigger transaction analysis for vendors, inventory, customers, cash and credit card sales.

One of QB Cloud's customers is the Law Office of Williamson, Gallagher, and Katz.

For Credit Card Sales, what selections are made?

The Transaction Register in Chapter 6 lists QB Cloud's deposits.

To see the appropriate report balances, type the date range.

Identify the vendor who purchases Web servers.

Sales receipts and remittances work together.

The Customer Balance Summary shows the same balance as Account 105 Accounts Receivable (A/R).

The action of sending money in payment of a bill is called a/an:

On the Sales Receipts page, select the appropriate credit card name.

One computer is sold for:

Receiving payment from a customer is recorded in the following way:

In QBO, how are Credit Card Sales identified?

After analyzing each source document, record the appropriate __________________:

The vendor Conf/Call purchases Webinars.

When one Network product is sold, the rate is:

Quickbooks Online Test-Drive

New Company Setup and the Chart of Accounts

Beginning Balances and October Transaction Register

Vendors and Inventory

Customers and Sales

Analysis and Reportsend of Fourth Quarter and Year

January Source Documents

February Source Documents

February Source Documents

Certification, Report Customization and Quickbooks Labs

Apps, Updates, Quickbooks Blog and Tips

Filters

Exam 6: December Source Documents

In Chapter 6, the Trial Balance is displayed from October 1 through December 30.

Before completing the work within Chapter 6, check your data with the following report:

When displaying the journal, it doesn't matter if the current year is shown for each transaction.

Who sends verification of credit card receipts?

The documents shown trigger transaction analysis for vendors, inventory, customers, cash and credit card sales.

One of QB Cloud's customers is the Law Office of Williamson, Gallagher, and Katz.

For Credit Card Sales, what selections are made?

The Transaction Register in Chapter 6 lists QB Cloud's deposits.

To see the appropriate report balances, type the date range.

Identify the vendor who purchases Web servers.

Sales receipts and remittances work together.

The Customer Balance Summary shows the same balance as Account 105 Accounts Receivable (A/R).

The action of sending money in payment of a bill is called a/an:

On the Sales Receipts page, select the appropriate credit card name.

One computer is sold for:

Receiving payment from a customer is recorded in the following way:

In QBO, how are Credit Card Sales identified?

After analyzing each source document, record the appropriate __________________:

The vendor Conf/Call purchases Webinars.

When one Network product is sold, the rate is:

Quickbooks Online Test-Drive

New Company Setup and the Chart of Accounts

Beginning Balances and October Transaction Register

Vendors and Inventory

Customers and Sales

Analysis and Reportsend of Fourth Quarter and Year

January Source Documents

February Source Documents

February Source Documents

Certification, Report Customization and Quickbooks Labs

Apps, Updates, Quickbooks Blog and Tips

Filters