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Quickbook Interview Question:

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What is equity?
a. What you own in the business
b. Assets minus (-) liabilities
c. What you owe to others in the business
d. Assets plus (+) liabilities

Submitted by: Administrator

b. Assets minus (-) liabilities
Submitted by:

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Top Quickbook Questions

☺	What is QuickBooks?

☺	Explain the features of QuickBooks?

☺	Which of these functions can only be performed by the Administrator? a. Merge entries on lists b. Add new users and change their access privileges c. Memorize custom reports d. Back up the data file

☺

How can you stop yourself and others from deleting, editing, or adding transactions in a closed period?
a. Start a new company file each period (fiscal year)
b. Change the fiscal year in the Company Information window
c. Set a closing date
d. Edit the user's profile and enter a date in the "Restrict entry after this date" field.

☺

How do you customize QuickBooks by changing the color scheme and adding or removing icons from the Home page?
a. You cannot change the color scheme of QuickBooks.
b. Click Change the look of QuickBooks on the Home page.
c. Right-click on an icon on the Home page to remove it or replace it. Right-click on the Home page in a blank space to change the color scheme.
d. Choose Edit > Preferences > Desktop View.

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