In QBO,the Process for Updating the Vendors List While Entering

question 3

Multiple Choice

In QBO,the process for updating the Vendors List While entering transactions is:

• A)Use the Create (+)icon to find the appropriate onscreen form.Then select Choose a payee drop-down arrow > + Add new and enter the new vendor information.
• B)Select the Gear icon and then Choose a payee drop-down arrow > + Add new and entering the new vendor information.
• C)Select the Gear icon and then select Create (+)which allows the user to Choose a payee drop-down arrow > + Add new and enter the new vendor information.
• D)Select the Create (+)icon and then Choose a vendor drop-down arrow > + Add new and entering the new vendor information.

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Definitions:

Demand Schedule

A chart displaying the amount of a product or service that buyers are ready and capable of buying at different price levels.

Total Utility

The total satisfaction or benefit received by consuming a particular quantity of a good or service.

Demand Curve

A visual depiction showing how the demand for a product or service varies with changes in its price over a specific time frame.

Consumer Surplus

The gap between the total sum consumers are ready and able to spend on a good or service versus the total sum they actually spend.