Bookkeeper practice test - Study guides, Class notes & Summaries

Fraud Examination Exam 1 Questions and Complete Solutions ____________________ is the theft of cash from a victim entity prior to its entry in an accounting system. A. fictitious disbursement B. Skimming C. Larceny D. Conversion - Ans: B Which of the following best describes the objective of a fraud examination? a. To make recommendations to management about how to prevent fraud b. To determine whether financial statements are free of misstatements due to fraud c. To express an ...

7.33 Revenues are normally considered to have been earned when a. All possibility of return has expired b. The company has substantially accomplished what it must to be entitled to the benefits. c. The cash is collected. d. Goods have been shipped. - answer-b. Correct The earning process is complete at this point. 7.34 Sales are normally recorded on the date of the a. Customer purchase order. b. Bill of lading. c. Sales invoice. d. Payment check - answer-c. Corr...

QuickBooks Practice Test 100 Questions and Answers 2023 During the Advanced Setup, you can turn on and off which features in the EasyStep Interview? a. Sales taxes b. Inventory c. Progress Invoicing d. All of the above - Correct Answer-ALL of the above During the Advanced Setup, you can set up a password for which of the following users during the EasyStep Interview? a. Administrator b. External Accountant c. You cannot setup passwords during the EasyStep interview d. All users - Co...

QuickBooks Practice Test 100 Questions with Verified Answers During the Advanced Setup, you can turn on and off which features in the EasyStep Interview? a. Sales taxes b. Inventory c. Progress Invoicing d. All of the above - CORRECT ANSWER ALL of the above During the Advanced Setup, you can set up a password for which of the following users during the EasyStep Interview? a. Administrator b. External Accountant c. You cannot setup passwords during the EasyStep interview d. Al...

QB Practice Test 3|25 Questions with Verified Answers What form must you give to an employee? - CORRECT ANSWER W-2 When setting up a new employee, what is important about the Payroll Info tab? - CORRECT ANSWER Whatever you enter/see in this window affects each paycheck, unless you change the information on the paycheck itself. What happens when you QuickZoom on a number in a report? - CORRECT ANSWER QuickBooks shows more detail about the number on the report. When would you use the E...

The following information is recorded in the health history: “The patient has had abdominal pain for 1 week. The pain lasts for 30 minutes at a time; it comes and goes. The severity is 7 to 9 on a scale of 1 to 10. It is accompanied by nausea and vomiting. It is located in the mid-epigastric area.” Which of these categories does it belong to? A) Chief complaint B) Present illness C) Personal and social history D) Review of systems Ans: B Feedback: This information describes the pr...

QuickBooks Certification: Practice Test 1|47 Questions with Verified Answers How can you stop yourself and others from deleting, editing, or adding transactions in a closed period? - CORRECT ANSWER Set a closing date You successfully reconciled the checking account last month. This month, when you begin to reconcile the same account, you notice the beginning balance calculated by QB is different than the bank. How can this happen? - CORRECT ANSWER Someone deleted or changed a cleared trans...

QuickBooks Certification: Practice Test #1 How can you stop yourself and others from deleting, editing, or adding transactions in a closed period? - Correct Answer-Set a closing date You successfully reconciled the checking account last month. This month, when you begin to reconcile the same account, you notice the beginning balance calculated by QB is different than the bank. How can this happen? - Correct Answer-Someone deleted or changed a cleared transaction. When should you use a sa...

QuickBooks Practice Test 84 Questions with Verified Answers During the advanced/detailed setup, you can turn on and off which features in the EasyStep Interview - CORRECT ANSWER Sales Tax, Inventory, & Progress Invoicing. To turn off AFTER the easy step interview, choose edit --> preferences. During the Advanced/Detailed Setup, you can set up a password for which of the following users during the EasyStep Interview? - CORRECT ANSWER Administrator. When setting up a new company throu...

TESTBANK&SOLUTION MANUAL FOR Managerial AccountingTools for Business Decision Making, 6th Canadian Edition, Jerry Weygandt, Paul Kimmel, Ibrahim Aly CHAPTER 1 MANAGERIAL ACCOUNTING SUMMARY OF QUESTION TYPES BY LEARNING OBJECTIVE, BLOOM’S TAXONOMY, LEVEL OF DIFFICULTY, AACSB CODES, AND CPA CODES Item LOBTLODAACSB CPA Item LO BT LODAACSB CPA Item LO BT LODAACSB CPA True-False Statements 1. 1 C E AN MA 3. 2 K E AN MA 5. 4 K E AN MA 2. 1 C E AN MA 4. 2 K E AN MA Multiple Choice Ques...