Quickbooks chapter 6 test - Study guides, Class notes & Summaries

Test Bank for Fundamentals of Cost Accounting, 7th Edition by (Lanen/ Anderson/ Maher), All 18 Chapters Covered, Verified Latest Edition. Answers Included at the End of each Chapter. Chapter 01 7e 1) Carley Incorporated incurs many types of costs in its operations. Place the number of the appropriate stage in the value chain in Column 2 in the blank next to each cost in Column 1. Cost Stage in the Value Chain Transportation costs to ship vans to customers 1. Customer Service Labor costs...

QuickBooks Chapter 6 Test with Certified Solutions The Inventory Part window consists of two sides: one for sales information and one for purchase information True Inventory tracking is automatically activated when you create a company file False In QuickBooks, non-inventory parts are tracked in the same way as inventory parts False QuickBooks automatically creates your Sales Tax Liability account for you True You can set a default tax rate for the company but NOT for individual customers...

QuickBooks Chapter 9 Test with Complete Answers 1: One advantage to customizing reports is that doing so makes the weekly or monthly reports consistent. True 2: You can create unlimited custom fields in a sales form. False 3: When you customize a field on one sales form, the change is applied to all sales forms, such as sales receipts and estimates. True 4: Privacy mode hides financial information only on the Dashboard. True 5: The Apps center link is found on both the Tools and the Pref...

The Inventory Part window consists of two sides: one for sales information and one for purchase information True Inventory tracking is automatically activated when you create a company file False In QuickBooks, non-inventory parts are tracked in the same way as inventory parts False

QuickBooks Chapter 6 Test with Certified Solutions The Inventory Part window consists of two sides: one for sales information and one for purchase information True Inventory tracking is automatically activated when you create a company file False In QuickBooks, non-inventory parts are tracked in the same way as inventory parts False QuickBooks automatically creates your Sales Tax Liability account for you True You can set a default tax rate for the company but NOT for individual customers...

The Inventory Part window consists of two sides: one for sales information and one for purchase information True Inventory tracking is automatically activated when you create a company file False In QuickBooks, non-inventory parts are tracked in the same way as inventory parts False

QuickBooks Chapter 9 Test with Complete Answers 1: One advantage to customizing reports is that doing so makes the weekly or monthly reports consistent. True 2: You can create unlimited custom fields in a sales form. False 3: When you customize a field on one sales form, the change is applied to all sales forms, such as sales receipts and estimates. True 4: Privacy mode hides financial information only on the Dashboard. True 5: The Apps center link is found on both the Tools and the Prefere...

QuickBooks Chapter 07 Test with Certified Solutions 1.The Cost of Goods Sold in the Profit and Loss account increases when you sell a product. True 2: There is no limit to the number of inventory products you can enter in QuickBooks Online. True 3: The difference between the cost and the sales price is an expense. false 4: You can verify goods were NOT received without applying the receipt of inventory to a purchase order. true 5: QuickBooks Online can receive incomplete orders by leaving t...

QuickBooks Chapter 07 Test with Certified Solutions 1.The Cost of Goods Sold in the Profit and Loss account increases when you sell a product. True 2: There is no limit to the number of inventory products you can enter in QuickBooks Online. True 3: The difference between the cost and the sales price is an expense. false 4: You can verify goods were NOT received without applying the receipt of inventory to a purchase order. true 5: QuickBooks Online can receive incomplete orders by leavi...