Site MapHelpFeedbackMultiple Choice Quiz
Multiple Choice Quiz
(See related pages)



1

All of the following are ways that a customer can pay for goods or services except:
A)Credit card sales
B)Cash sale
C)Credit sale
D)Invoice sale
2

Which one of the following is not displayed in the Customer Center?
A)Notes about the job
B)Customer name
C)Job name
D)Inventory status
3

Items and Services in QuickBooks:
A)List all goods and services provided by a company
B)List all customer information such as addresses and payment terms
C)List all accounts used in the company
D)List customer charges and payments
4

Which of the following is correct for recording sales?
A)For cash sales, select Receive Payment, then Deposits
B)For credit sales, create a sales receipt and record the bank deposit
C)For cash sales, create a sales receipt and record the bank deposit
D)For credit sales, create an invoice and then record the bank deposit
5

Which one of the following activities is not associated with the Customer section of the Home Page?
A)Finance Charges
B)Enter Bills
C)Statements
D)Refunds and Credits
6

Credit sales occur when a company provides goods and services to customers and in exchange receives:
A)a certified check from the customer
B)a note payable from the customer
C)a promise that the customer will pay later
D)an invoice from the customer
7

Accounts Receivable Reports can be accessed from the:
A)Deposit icon in the Customer section of the Home Page
B)Enter Bills icon in the Vendor section of the Home Page
C)Company Information icon on the File menu
D)Report Center or Customer Center
8

When a credit sale is recorded on an invoice, QuickBooks records a:
A)credit (increase) to owner's contribution
B)debit (increase) to cash
C)debit (increase) to accounts receivable
D)credit (increase) to accounts payable
9

The Job Profitability Summary Report is accessed from the:
A)Company Center
B)Vendor Center
C)Report Center
D)Employee Center
10

Which one of the following is not a way to access a customer report in QuickBooks?
A)Report Center
B)Company Information
C)Customer Center
D)Report Menu





To learn more about the book this website supports, please visit its Information Center.
(c)2007 McGraw-Hill Higher Education
Any use is subject to the Terms of Use and Privacy Policy.
McGraw-Hill Higher Education is one of the many fine businesses of The McGraw-Hill Companies.


Ulmer8eOnline Learning Center

Home > Chapter 4 > Multiple Choice Quiz