NAME KEY
QUICKBOOKS DESKTOP 2018:
A COMPLETE COURSE
CHAPTER 6 EXAM
Payables and Purchases: Merchandising Business
TRUE/FALSE
ANSWER THE FOLLOWING QUESTIONS IN THE SPACE PROVIDED BEFORE THE
QUESTION NUMBER.
payment of sales taxes to the appropriate agency when using the Pay Sales
Tax feature of the program.
column.
may be applied to a payment to the same vendor.
as an expense.
memorized.
Goods Sold Merchandise Discounts account to record the discount.
EXAM 6-
2
QUICKBOOKS DESKTOP 2018: A Complete Course
MULTIPLE CHOICE
WRITE THE LETTER OF THE CORRECT ANSWER IN THE SPACE PROVIDED
BEFORE THE QUESTION NUMBER.
expenses for the period.
A. cash
B. credit
C. accrual
D. debit/credit
A. immediately
B. the beginning of next month
C. as soon as outstanding purchase orders are received
D. the beginning of the next fiscal year
A. Check Register
B. General Journal
C. Expense Account Register
D. Vendor Center
you may .
A. print the report in portrait orientation
B. use Fit report to one-page wide option
C. change the column width manually
D. any of the above
A. Check Register
B. General Journal
C. Expense Account Register
D. Vendor Center
A. LIFO
B. average cost
C. FIFO
D. Actual Cost
Exam Chapter 6 EXAM 6-
3
A. Layout Designer
B. Drawing menu
C. Customize Form button on the Home Page
D. a purchase order may not be changed
Enter Bills window, you must and the bills will be marked “Paid.”
A. write checks to pay bills
B. use a credit card to pay bills
C. use the Pay Bills feature to write the checks or prepare the credit card
charges for bill payments
D. All the above
A. Sales Tax Revenue Summary
B. Vendor Balance Detail
C. Sales by Item Detail
D. Sales Tax Liability
A. exported to Excel
B. printed
C. memorized
D. All the above
FILL-IN
IN THE SPACE PROVIDED, WRITE THE ANSWER THAT MOST APPROPRIATELY
COMPLETES THE SENTENCE.
24. Purchase, Sales, and Inventory information must be entered when creating
25. A report that you have customized by sizing, adding, and/or removing columns may