Chart of accounts - Study guides, Class notes & Summaries

Company Admin -ANSWER -this role is only available in QBO Advanced Custom user -ANSWER -This role is only available in QBO Advanced Has specific access to areas in QBO Standard user -ANSWER -In all versions of QBO, this role can be set to specific levels of access Close the Books feature's two benefits -ANSWER -Users cannot change transactions in a closed period It generates a closing Date Detail report Accrual Accounting -ANSWER -A company makes a sale and records the expected re...

where do you assign group chart of accountsQuestionwhere do you assign group chart of accounts? general ledger account; company code; company; operating chart of accountsAnswer & ExplanationIn SAP, the group chart of accounts is assigned at the company code level. Here's a step-by-step explanation:1.Understanding Chart of Accounts:oA chart of accounts (COA) is a list of all general ledger accounts used by one or several company codes.oThe group chart of accounts is used to provide an ov...

QuickBooks Certification Test 2023-2024 | Questions and 100% Correct AnswersQuickBooks Certification Test 2023-2024 | Questions and 100% Correct AnswersQuickBooks Certification Test 2023-2024 | Questions and 100% Correct AnswersQuickBooks Certification Test 2023-2024 | Questions and 100% Correct Answers After quickbooks sets up a chart of accounts in the easy step interview, which of the following is True? - ANSWER- It's possible to add more accounts later #Assume that quickbooks is now in ...

AIS Test 1 Questions with 100% Verified Correct Answers Complete General Ledger - Correct Answer contains summary-level data for every asset, liability, equity, revenue, and expense account Sequence Code - Correct Answer items are numbered consecutively to account for all items; missing items cause a gap in the numerical sequence Audit Trail - Correct Answer Path of a transaction through a data processing system from point of origin to final output, or backwards from final output to point...

RHIA Exam 267 Questions with Verified Answers A method of documenting nurses' progress notes by recording only abnormal or unusual findings or deviations from the prescribed plan of care is called: - CORRECT ANSWER Charting by exception The discharge summary must be completed within _________ after discharge for most patients but within ________ for patients transferred to other facilities. Discharge summaries are not always required for patients who were hospitalized for fewer than _____...

Quickbooks online Questions and Answers 2023 What lists can be imported from Excel spreadsheets, when setting up a QuickBooks online company? Chart of accounts, Customers, Products and Services, and Vendors Which of the following is TRUE regarding your chart of accounts, when setting up a new QuickBooks company? It is possible to add more accounts after starting a new company What company information does QuickBooks ask for when you first create a new QuickBooks online account? ...

QUICKBOOKS EXAM QUESTIONS AND ANSWERS Which 3 of the following statements are true about QuickBooks Online Accountant? - answer - It allows you to manage your team It is the platform through which you access your clients' QuickBooks Online files It's where you'll find the ProAdvisor training How would you best describe a product or service bundle? - answer - A collection of products and/or services that are sold together Which of the following QuickBooks Online features is only avail...

SAP TS410 Certification Exam Review (Latest 2024/ 2025 Update) Qs & As| Grade A| 100% Correct (Verified Answers) Q: What does typical design of graphical user interfaces usually result in? Answer: Large number of users tend to use the same screen Users have to navigate to specific area they need Requires lots of clicks Q: The main driver for designing user interfaces (UI) towards comfortable user experience is (UX) is Answer: Smartphones and tablets Q: What are t...

Final Exam: APHY102/ APHY 102 (Latest 2024/ 2025 Update) Qs & As| Grade A| 100% Correct (Verified Answers) - Ivy Tech Q: Secretions that affect only nearby cells are termed Answer: paracrine. Q: Exocrine glands differ from endocrine glands in that exocrine glands Answer: secrete through ducts or tubes to the body's exterior. Q: The placenta allows Answer: oxygen and nutrients to diffuse from maternal blood to the embryo. Q: Passive aging is Ans...

CAM -Certified Apartment Manager (Latest 2024/ 2025 Update) |Qs & As| 100% Correct| Grade A (Verified Answers) Q: As an investor advocate, your primary goals are to Answer: 1. meet financial goals of the investment 2. add value to a property Q: To meet the financial goals of an investment you must: Answer: Generate and collect income minimize economic loss control expenses Q: What information do you need in order to complete a financial analysis on a property? ...