Problem 1. True or False: Under the Family and Medical Leave Act, an employer can substitute an employee's earned paid leave for any part of the 12 week family leave
Problem 2. List the four basic features of Quickbooks.
Problem 3. Name 3 forms used in Quickbooks.
Problem 4. List the preset ways in which Quickbooks can present a balance sheet? Explain the balance sheet purpose
Problem 5. Describe the steps to generate a balance sheet in Quickbooks. Also tell how to create a balance sheet for a date other than the current system date.
Problem 6. Describe the necessary steps to generate an income statement in Quickbooks
Problem 7. List five report modifications features that Quickbooks provides with an income statement.
Problem 8. Identify three different periods of time that Quickbooks provides for a statement of cash flows. List the three sections of the cash flows.
Problem 9. List the reports available for reporting cash flows.
Problem 10. What information does an Accounts Receivable Aging report provide?
Problem 11. What types of transactions might appear in a QuickZoom report created from an Account Payable Aging report?
Problem 12. Explain how you can use Quickbooks to modify any report
Problem 13. What different graphs are available in Quickbooks?
Problem 14. Explain how the budgeting process is accomplished in Quickbooks.
Problem 15. Explain how to access general journal entries.
Problem 16. Which menu in Quickbooks provides you access to supporting reports?
Problem 17. Anyone who you sell a product or provide a service.
Problem 18. Anyone you purchase a product from or receive service from.
Problem 19. Which forms are used to report the amount of distributions from a pension and retirement plans?
Problem 20. A federal unemployment tax is levied on
Problem 21. The current minimum wage set by the Fair labor standards Act is ______________ per hour.