Which of the following statements is true regarding QBO?
A)QBO can only be accessed by using installed software on a computer desktop or laptop.
B)QBO is updated annually to ensure the content screens are familiar to users.
C)QBO does not require a user to have integrated knowledge of accounting,financial systems or technology.
D)QBO is cloud-based and uses a web browser to access information vs.installed software.

Question

Quizplus · Accepted Answer

QBO is cloud-based and can be accessed through a web browser, eliminating the need for installed software on a computer. Option A is incorrect because QBO is a cloud-based software, and nothing needs to be installed on a computer to access it. Option B is incorrect because QBO is updated frequently to enhance its features and fix flaws, not annually. Option C is incorrect because, while QBO is user-friendly, some knowledge of accounting and technology is still necessary to use it efficiently.

Which of the Following Statements Is True Regarding QBO