QuickBooks Practice Test: Questions & Answers: Guaranteed A+ Guide

During the Advanced Setup, you can turn on and off which features in the Easy Step Interview? a. Sales taxes b. Inventory c. Progress Invoicing d. All of the above (Ans- D 2. During the Advanced Setup, you can set up a password for which of the following users during the Easy Step Interview? a. Administrator b. External Accountant c. You cannot setup passwords during the EasyStep interview d. All users (Ans- A 3. When setting up a new company through the Advanced Setup, some company information is optional and some is absolutely required. Which of the following pieces of information does QuickBooks require you to enter during the Easy Step Interview? a. Company name b. Company password c. Tax ID d. All of the above (Ans- A 4. How do you set up multiple businesses in QuickBooks (assuming each business files a separate tax return)? a. Purchase a separate QuickBooks license for each company you need to set up. b. Use the Advanced Setup to go through the EasyStep interview for the oldest company first, and then choose File > Add a separate business at the end of the interview. c. Use the Advanced Setup to go through the EasyStep interview for each company to create a separate company