Which of the following is not true regarding transactions in QBO?
A) Prior to entering a transaction,the QBO Chart of Accounts and Company Settings must be set up.
B) Transactions increase and decrease accounts,therefore,we need the QBO Chart of Accounts set up first.
C) Recurring transactions are not often used in QBO since transactions are specifically adjusted to suit every user's needs.
D) Recurring transactions save time and minimizes errors.
Correct Answer:
Verified
Q10: Which of the following is false regarding
Q11: Which of the following is correct regarding
Q12: Which of the following is false regarding
Q13: QBO groups transactions into the following different
Q14: What are QBO Lists?
A)QBO Lists are a
Q15: Assets are:
A)Increased with debits and decreased with
Q17: Revenues are:
A)Increased with debits and decreased with
Q18: What is true regarding a transaction?
A)Transactions are
Q19: Which of the following is true regarding
Q20: The Chart of Accounts is:
A)a list of
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