QuickBooks (2024/25) ; Questions with
Verified Answers
What are the two methods of New Company Setup in QuickBooks? ✔✔Detailed
Start and
Express Start
What is the QuickBooks EasyStep Interview window designed to do? ✔✔helps
you create and
set up a new company file
In addition to selecting the method of New Company Setup, what is the
QuickBooks Setup
window designed to do? ✔✔allows you to enter information on customers,
vendors, service
items, and inventory part items
After completing the EasyStep Interview and QuickBooks Setup windows
✔✔you then take the
information and customize it, update it, and prepare the company file for the
accrual basis of
accounting
, QuickBooks (2024/25) ; Questions with
Verified Answers
In a manual accounting system, a company's records are set up by creating ✔✔a
Chart of
Accounts and general ledger.
In QuickBooks, a company's records are set up by doing all of the following
except
✔✔preparing an income tax return
To create a new company file, you choose ____ from the main menu bar, then
click ____.
✔✔File, New Company
When you choose to create a new company file in QuickBooks, which is the first
window that
appears? ✔✔QuickBooks Setup window
If you choose the Detailed Start method of New Company Setup, which window
are you then
moved to? ✔✔EasyStep Interview window
Verified Answers
What are the two methods of New Company Setup in QuickBooks? ✔✔Detailed
Start and
Express Start
What is the QuickBooks EasyStep Interview window designed to do? ✔✔helps
you create and
set up a new company file
In addition to selecting the method of New Company Setup, what is the
QuickBooks Setup
window designed to do? ✔✔allows you to enter information on customers,
vendors, service
items, and inventory part items
After completing the EasyStep Interview and QuickBooks Setup windows
✔✔you then take the
information and customize it, update it, and prepare the company file for the
accrual basis of
accounting
, QuickBooks (2024/25) ; Questions with
Verified Answers
In a manual accounting system, a company's records are set up by creating ✔✔a
Chart of
Accounts and general ledger.
In QuickBooks, a company's records are set up by doing all of the following
except
✔✔preparing an income tax return
To create a new company file, you choose ____ from the main menu bar, then
click ____.
✔✔File, New Company
When you choose to create a new company file in QuickBooks, which is the first
window that
appears? ✔✔QuickBooks Setup window
If you choose the Detailed Start method of New Company Setup, which window
are you then
moved to? ✔✔EasyStep Interview window
