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Who can change the settings on the company preferences tabs

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Reference no: EM132915213

Problem 1: Who can change the settings on the Company Preferences tabs?

a. The owner of the company

b. Any user who can access the file

c. The accounting manager

d. The user indicated as an Administrator or External Accountant of the company file

Problem 2: Which of the following should you use to add General Ledger accounts when setting up a company?

a. Company Snapshot

b. Chart of Accounts

c. Company Information from the Company menu

d. Item List from the Lists menu

Problem 3: Which account is used as the offsetting account when opening balances are entered for Vendors?

a. Uncategorized Expenses

b. Opening Balances Equity

c. Uncategorized Revenue

d. Vendor Expenses

Problem 4: Which of the following accounts could be deleted?

a. An account associated with a payroll item

b. An account that has a current balance

c. An account associated with transactions that have been closed

d. An account with no current balance that has not been used in a transaction

Reference no: EM132915213

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