QuickBooks Chapter 10 Test Questions and Answers 100% Pass

QuickBooks Chapter 10 Test Questions
and Answers 100% Pass
Although the preset reports DON'T include default headers/footers, you can create them

✔✔False




Take care to use lists in QuickBooks only for their intended purposes ✔✔False




Consistency in entries is the key to using custom fields effectively ✔✔True




Use a fixed percentage to change the price of an individual item ✔✔False




After you set up a billing rate level, you choose the appropriate level for specific employees and

vendors ✔✔True




While you can pay employees or vendors directly using billing rate levels, you can't make that

cost billable and pass it on to a customer ✔✔False




You can adjust the default columns and their order in preset reports ✔✔True

, Formatting deals with the report data but NOT how that data is displayed ✔✔False




One formatting limitation in QuickBooks is that you CANNOT adjust how negative numbers are

displayed on a report ✔✔False




Merging your QuickBooks data with a preexisting letter template in Microsoft Word is an

example of integration between the two programs ✔✔True




You can apply filters to any report, but NOT all filtering options are available for every report

✔✔True




When you memorize a report, what does QuickBooks do? ✔✔It memorizes the format




What does a template include? ✔✔Formatting only




In what list can you set up a custom field?

- Vendor