Quickbooks chapter 2 test Study guides, Class notes & Summaries
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QuickBooks Chapter 07 Test with Certified Solutions
- Exam (elaborations) • 4 pages • 2023
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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...
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Exam (elaborations) GACE (GACE) Gace English Secrets Study Guide: Gace Test Review for the Georgia Assessments for the Certification of Educators
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GACE PRACTICE TEST PREP ANSWERED_2023-2024. 
 
1. A command economy is characterized by: 
 
a. A laissez-faire approach by the government 
 
b. A moderate amount of government intervention in the economy 
 
c. Businesses commanding all aspects of the economy 
 
d. The government controlling prices and production 
 
 
2. Which of the following is not a responsibility of the Securities and Exchange Commission (SEC)? 
 
a. Regulating securities 
 
b. Investigatirg insider trading 
 
c. Sett...
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QUICKBOOKS BUNDLED EXAMS(ALL CHAPTERS) WITH COMPLETE SOLUTIONS
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Intuit QuickBooks Certified User (QBCU) Exam with Complete Solutions

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QuickBooks Chapter 1 Test with Complete Solutions 2024/25 Update

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QuickBooks Chapter 2 Test with Complete Solutions 2024/25 Update

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QuickBooks Chapter 2 Test with Complete Solutions 2024/25 Update

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QuickBooks Chapter 07 Test with Certified Solutions
- Exam (elaborations) • 4 pages • 2023
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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...
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QuickBooks Mayterm Chapter 3 Test; Questions with Complete Solutions 2024/25 Update
- Exam (elaborations) • 21 pages • 2024
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QuickBooks Mayterm Chapter 3 Test; 
Questions with Complete Solutions 2024/25 
Update 
1: The Navigation bar is where the link to the Sales center is located. True 
2: You can create a statement, receipt, invoice, or other transaction using the 
Action menu in the 
Sales center. True 
3: A sales transaction can only be recorded when the customer pays for the 
product or service at 
the time of the sale. False
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QuickBooks Chapter 6 Test questions and answers with verified content
- Exam (elaborations) • 3 pages • 2023
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QuickBooks Chapter 6 Test questions and answers with verified content 
True 
The Inventory Part window consists of two sides: one for sales information and one for purchase information 
 
 
 
False 
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 
 
 
 
True 
QuickBooks automatically creates your Sales Tax Liability account for you 
 
 
 
False 
You can set a default tax r...
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QuickBooks Mayterm Chapter 3 Test Already Passed
- Exam (elaborations) • 5 pages • 2023
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QuickBooks Mayterm Chapter 3 Test 
Already Passed 
1: The Navigation bar is where the link to the Sales center is located. True 
2: You can create a statement, receipt, invoice, or other transaction using the Action menu in the 
Sales center. True 
3: A sales transaction can only be recorded when the customer pays for the product or service at 
the time of the sale. False 
4: The sales form settings can be found in Account and Settings under the Your Company 
heading. True 
5: You cannot change ...
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QuickBooks Chapter 2 Questions and Answers Already Graded A
- Exam (elaborations) • 5 pages • 2023
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How are bank charges, which have not been recorded in QBO, classified? Bank charges which have not yet been recorded in QBO are not recognized and are temporarily classified as Uncategorized Expense. 
 
How are bank deposits, which have not been recorded in QBO, classified? 
Select one: 
a. Bank deposits which have not yet been recorded in QBO are temporarily classified as To Be Categorized Income. 
b. Bank deposits which have not yet been recorded in QBO are recognized and classified as Uncateg...
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QuickBooks Chapter 07 Test (Latest); Questions and Answers
- Exam (elaborations) • 5 pages • 2024
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QuickBooks Chapter 07 Test (Latest); Questions 
and Answers 
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
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QuickBooks Mayterm Chapter 3 Test; Questions with Complete Solutions 2024/25 Update
- Exam (elaborations) • 5 pages • 2024
- Available in package deal
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- $9.99
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QuickBooks Mayterm Chapter 3 Test; 
Questions with Complete Solutions 2024/25 
Update 
1: The Navigation bar is where the link to the Sales center is located. True 
2: You can create a statement, receipt, invoice, or other transaction using the 
Action menu in the 
Sales center. True 
3: A sales transaction can only be recorded when the customer pays for the 
product or service at 
the time of the sale. False
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