QBO Uses Following Process to Update a Vendors List Before

question 17

Multiple Choice

QBO uses following process to update a Vendors List Before entering transactions:

• A)At the Navigation Bar click on Expenses,then select Vendors and New vendor.Editing an existing vendor,entering a new transaction,or entering a new vendor can be performed by either selecting Edit or New transaction,appropriately.
• B)At the Navigation Bar click on Expenses,then select Vendors and New vendor.Enter a new vendor by selecting New transaction.Editing a vendor must be performed in a different screen using Create (+).
• C)At the Navigation Bar click on Purchases,then select Edit vendors.Editing an existing vendor or entering a new vendor can be performed by either selecting Edit or New transaction as appropriate.
• D)At the Navigation Bar click on Accounting,then select Vendors and New vendor.Editing an existing vendor or entering a new vendor can be performed by either selecting Edit or New transaction.

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Definitions:

Interest Rate

The percentage charged on borrowed money or paid to savers, representing the cost of borrowing or the return on savings.

Money Demanded

The total amount of money that households and firms want to hold at any given time, influenced by income levels, interest rates, and economic activity.

Market Interest Rate

The prevailing rate at which borrowers can obtain money from lenders, influenced by supply and demand in the money market.

Store of Value

An asset that can be saved, retrieved, and exchanged at a later time, and is predictably useful when retrieved.