Multiple Choice
Which of the following statements is not true regarding QBO subaccounts?
A) QBO automatically sets up Subaccounts commonly used by companies.
B) QBO permits the use of Subaccounts which are useful in tracking additional detail.
C) Subaccounts are essentially subcategories of an account.
D) Subaccounts are added by selecting New from the Chart of Accounts window and selecting the Category Type,i.e.Expenses,then selecting Detail Type and entering in the Name.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: All of the following are true regarding
Q2: Which of the following is incorrect regarding
Q3: Which of the following is correct?<br>A)Balance sheet
Q4: When in the QBO Chart of Accounts
Q6: Liabilities:<br>A)Are amounts a company owes to others.<br>B)Represent
Q7: Select the statement that is not true
Q8: An account name can be changed in
Q9: Which of the following is correct regarding
Q10: To enter account numbers into QBO:<br>A)Select Accounting
Q11: All of the following are true regarding