21 an account 39 s tax line determines where quickbooks lists the account balance on 4314452

21.An account's tax line determines where QuickBooks lists the account balance on the:
A.Income Statement
B.Income Tax Summary Report
C.Balance Sheet
D.Statement of Cash Flows

22.QuickBooks allows you to import vendor, customer, and employee information from (Add People You Do Business With section of the QuickBooks Setup window):
A.Yahoo
B.Outlook
C.Gmail
D.All of these

23.To customize QuickBooks after creating a company file you would:
A.Enter additional company information
B.Set QuickBooks preferences
C.Customize the Chart of Accounts
D.All of these

24.QuickBooks creates a Chart of Accounts for your company based on:
A.Company address
B.Industry type
C.Your Federal ID Tax number
D.None of these

25.Which of the following type of information is not entered during the Easy Step Interview?
A.Company organization (for example, LLC, LLP, S Corporation)
B.Industry type
C.Products and services the company sells
D.QuickBooks company file password

26.Why should you customize the Chart of Accounts?
A.It's required
B.To modify it for your specific business
C.To make the system function
D.None of these

27.Name 4 (four) accounts that would commonly be used for a service company and identify the account type for each.

28.List 3 (three) questions asked by the QuickBooks EasyStep Interview.