11.What QuickBooks activity comes next in the this string of business activities: Purchase Order > Receive Items > Enter Bills > ______.
12.What QuickBooks activity comes next in the this string of business activities: Invoice > Receive Payments > ______.
13.If you received inventory without a bill, once the bill has arrived you could do all of the following, except:
A.Enter the bill against the inventory already recorded
B.Enter the inventory and then enter the bill separately
C.Enter the bill and wait for the inventory to arrive
D.Enter the inventory and bill at the same time
14.The Purchase Orders window is used to record which one of the following transactions?
A.A customer order to purchase goods
B.An order to purchase goods from a vendor
C.Services received but not yet paid
D.Cash purchases of supplies
15.Which order of tasks is used when purchasing inventory?
A.Enter Bills; Pay Bills
B.Enter Invoice; Write Check
C.Purchase Order; Receive Bill; Pay Bills
D.Purchase Requisition; Receive Inventory; Pay Bills
16.Which one of the following is a customer transaction?
A.Record Customer Information
B.Receive Customer Payments
C.Sell Goods to Customers
D.All of these
17.Sales taxes are:
A.Charged on sales to other retailers
B.Charged on retail sales to customers
C.Paid by the retailer on sales to customers
D.Paid by the vendor
18.The Open Purchase Orders Report gives information about:
A.Purchase Orders for items ordered but not yet received.
B.All Purchase Orders.
C.Purchase Orders from domestic companies only.
D.Purchase Orders from foreign companies only.
19.Which inventory costing method does QuickBooks use to track inventory?
D.All of these
20.A non-inventory item is:
A.Goods purchased for resale to customers
B.An item purchased for a specific customer job
C.A service purchased from a vendor
D.A service sold to a vendor