Which one of the following Accountant versions changes on an ongoing basis with changes rolled out throughout the year?
A. QuickBooks Desktop Accountant
B. QuickBooks Enterprise Accountant
C. QuickBooks Pro Accountant
D. QuickBooks Online Accountant
Answer: D
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Which of the following statements is true with regard to contributed capital?
a. Preferred stock is stock that has been retired. b. It is very unlikely corporations may have more than one class of stock outstanding. c. The outstanding number of shares is the maximum number of shares that can be issued by a corporation. d. The shares that are in the hands of the stockholders are said to be outstanding.
________ is a "what if" technique that estimates profit or loss results if sales price, costs, volume, or underlying assumptions change.
A) High-low method of analysis B) Sensitivity analysis C) Contribution margin D) Operating leverage
The role of marketing intermediaries is to transform the assortments of products made by retailers into the assortments wanted by producers
Indicate whether the statement is true or false
Which of the following is not true regarding a bank (or third party) credit card expense?
A. Credit card expense may be classified as a "discount" deducted from sales to get net sales. B. Credit card expense is not recorded by the seller. C. Credit card expense may be classified as a selling expense. D. Credit card expense may be classified as an administrative expense. E. Credit card expense is a fee the seller pays for services provided by the card company.