Which Is Not True Regarding Entering Transactions into QBO

question 15

Multiple Choice

Which is not true regarding entering transactions into QBO?

• A)There are two methods for entering transactions: Onscreen Journal and Onscreen Forms.
• B)Onscreen Journal is more accurate and preferred since QBO will show the user the Journal Entry immediately after entry.
• C)Onscreen Journal is often used to make adjusting entries at year end.
• D)When entering information into Onscreen Form,QBO automatically converts the information into a journal entry.

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Definitions:

Modern Cost Management

An approach to cost management that incorporates advanced techniques and technologies to analyze and optimize costs across various business activities.

Machining Process

A manufacturing process involving the shaping of metal and other materials through cutting, boring, grinding, or drilling.

Assembling Process

The phase in manufacturing where components are put together to form a finished product.

Packaging Process

The operations involved in designing and producing packages for products, aimed at protecting and presenting the product effectively.