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Which of the Following Is Not True Regarding Transactions in QBO

Question 1

Multiple Choice

Which of the following is not true regarding transactions in QBO?


A) Prior to entering a transaction,the QBO Chart of Accounts and Company Settings must be set up.
B) Transactions increase and decrease accounts,therefore,we need the QBO Chart of Accounts set up first.
C) Recurring transactions are not often used in QBO since transactions are specifically adjusted to suit every user's needs.
D) Recurring transactions save time and minimizes errors.

Correct Answer:

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