Question Details

21. The Banking section of the Home Page includes which flow chart? 
A. Payroll flowchart
B. Bank Reconciliation flowchart
C. Bill Pay flow chart
D. None of these

22. Which financial statement below summarizes the financial position of a company? 
A. Statement of Cash Flows
B. Profit & Loss Statement
C. Balance Sheet
D. Income Statement

23. Which financial statement below summarizes a company's earnings? 
A. Statement of Cash Flows
B. Profit & Loss Statement
C. Balance Sheet
D. Income Statement

24. Which financial statement below summarizes a company's cash inflow and outflow? 
A. Statement of Cash Flows
B. Profit & Loss Statement
C. Balance Sheet
D. Income Statement

25. Management reports help identify: 
A. Overdue customer accounts
B. Least profitable product
C. Most profitable product
D. All of these.

26. Which icon is used to add a document on your computer into QuickBooks? 
A. Docs icon
B. Customer icon
C. Vendor icon
D. All of these

27. List the 3 (three) different type of QuickBooks files. What is the purpose of each file type? 

28. Name 2 (two) of the 5 centers on the QuickBooks home screen and briefly describe what kind of activity flows through those centers: