Quickbook Question:
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During the EasyStep Interview, how do you setup a new account that is not on the default list of accounts?
a. You can't add accounts that are not on the QuickBooks default list. Finish the interview and add the accounts directly to the Chart of Accounts.
b. Click Add new account in the EasyStep Interview.
c. Click Edit Account during the EasyStep Interview.
d. Select Import My Chart of Accounts during the EasyStep Interview.

Answer:

a. You can't add accounts that are not on the QuickBooks default list. Finish the interview and add the accounts directly to the Chart of Accounts.

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How do you set up multiple businesses in QuickBooks (assuming each business files a separate tax return)?
a. Purchase a separate QuickBooks license for each company you need to set up.
b. Go through the EasyStep interview for the oldest company first, and then choose File > Add a separate business at the end of the interview.
c. Go through the EasyStep interview for each company to create a separate company file.
d. Go through the EasyStep Interview for the largest company first, and then choose File > Add a separate business at the end of the interview.

You've been hired by a company that started in 1911. They've never used QuickBooks. During the EasyStep Interview, what "Start Date" should you use?
a. There is no Start Date in the EasyStep Interview.
b. The date the company bought QuickBooks.
c. 1911
d. The date you want to begin tracking the company's finances in QuickBooks.