QuickBooks Certification Study Guide: Questions & Answers: Latest Updated

Which of the following CANNOT be entered during the setup of a new company? A. Company name and address B. Chart of accounts C. Trial balance, open balance D. Checking account statement balance (Ans- C After QuickBooks sets up a chart of accounts during the Express Start or Advanced Setup, which of the following is TRUE? A. Accounts open balances can be changed. B. It is possible to add more accounts later. C. New accounts can only be added during the Express Start or Advanced Setup. D. Only Income and Expense accounts can be added after completing the Express Start Setup. (Ans- B Once you have completed the sign up of new company file, how do you change company information such as business name, address, or phone number? A. Select file, open company from the menu. B. Select file Express Start from the menu. C. Select company information from the menu. D. Select edit preferences from the menu. (Ans- C