An account name can be changed in QBO by completing the following:
A) Account names are rather simple to update.Find the account in the COA and click directly on the name of the account.A window will open allowing you to change the name.
B) Account names are rather simple to update.Find the account in the COA and click on the drop down arrow next to Run Report.An Edit selection will be shown; enter in the new name and save.
C) Account names are not easy to update since QBO encourages maintaining consistency in its reporting.Find the account in the COA and click directly on the name of the account.
D) QBO encourages consistency in its COA,therefore,it is challenging to change account names.Find the Gear icon,next hit the + sign,then enter a password and find the COA window.Once there click on the account name and change the name accordingly.
Correct Answer:
Verified
Q1: Which of the following statements is not
Q2: Liabilities:
A)Are amounts a company owes to others.
B)Represent
Q3: QBO is able to display account numbers
Q4: When in the QBO Chart of Accounts
Q5: Which is not true regarding deleting accounts
Q7: Which of the following is incorrect regarding
Q8: To enter account numbers into QBO:
A)Select Accounting
Q9: The main financial statements of a business
Q10: Profit and Loss Statement includes the following
Q11: Select the statement that is not true
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