Question

Quickbooks multiple choice question. You prepared an estimate for a customer and were subsequently awarded the...

Quickbooks multiple choice question.

You prepared an estimate for a customer and were subsequently awarded the contract. How would you change the job from ‘pending’ to ‘awarded’?
A. By creating the ‘Job Status’ in the customer job list.
B. By creating an invoice from the original estimate.
C. By updating the estimate to reflect the changes to the final order.
D. Any of the above.

Homework Answers

Answer #1

Answer:

Option A is the correct answer

(A. By creating the ‘Job Status’ in the customer job list.)

Explanation:

Updating the estimates will reflect the changes in the estimated figures alone furthermore not in the job status. The status of the contract will be the same. Invoice from the estimate is performed following the contract is awarded. The change of status of contract from pending - awarded can be made from the Customer Job list. So, By creating the ‘Job Status’ in the customer job list we can change the job from ‘pending’ to ‘awarded’.

-------------------------------

-------------------------------

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
17. You prepared an estimate for a customer and were subsequently awarded the contract. How would...
17. You prepared an estimate for a customer and were subsequently awarded the contract. How would you change the job from ‘pending’ to ‘awarded’? A. By changing the ‘job status’ in the customer job list. B. By creating an invoice from the original estimate. C. By updating the estimate to reflect the changes to the final order. D. Any of the above.
Question 1 of 15 Linsay’s Landscaping wants to make notes in QuickBooks each time she services...
Question 1 of 15 Linsay’s Landscaping wants to make notes in QuickBooks each time she services a client to streamline the invoicing process at the end of the month. She does not want these records to affect any month or year to date financial reports throughout the month until she invoices the client. Which of the following transaction types do you recommend she uses to achieve this goal? A. Invoice B. Credit Memo C. Sales Receipt D. Delayed Charge E....
PLEASE ANSWER ALL question Suppose you are the manager of Speedy Oil Change which claims that...
PLEASE ANSWER ALL question Suppose you are the manager of Speedy Oil Change which claims that it will change the oil in customers’ cars in less than 30 minutes on average. Further suppose that several complaints have been filed from customers stating that their oil change took longer than 30 minutes. Upper-level management at Speedy Oil Change headquarters has requested that you investigate the complaints. To begin your investigation, you randomly audit 36 oil changes performed by Speedy Oil Change...
for the scenario below: 1) Apply the qualitative analysis by identifying at least 3 issues in...
for the scenario below: 1) Apply the qualitative analysis by identifying at least 3 issues in the above process. Analyse these issues by using a. Adding-value and Waste Analysis b. Issue register, If you find that there are more than three issues, you can focus on the three issues that have the highest impact. 2). Calculate the cycle time efficiency of the as-is process. You can assume a working week of 40 hours. In case there is missing information, you...
Fact Situation: You are the Senior Project Manager for Wackinsmack, Inc., the general contractor on the...
Fact Situation: You are the Senior Project Manager for Wackinsmack, Inc., the general contractor on the prime contract for the construction of a new waste water treatment plant for Dimwit County DPW. The Contract Price has grown to $115 million after Dimwit made adjustments to the scope of the Work and issued the appropriate Change Orders. Wackinsmack’s contract with Dimwit is based on the ConsensusDOCs, CD 200, “Owner/Prime Contractor” Form. You have successfully negotiated the subcontract with Acme Mechanical, Inc....
Multiple Choice 1) On December 15 of the current year, Conrad Accounting Services signed a $40,000...
Multiple Choice 1) On December 15 of the current year, Conrad Accounting Services signed a $40,000 contract with a client to provide bookkeeping services to the client in the following year. Which accounting principle would require Conrad Accounting Services to record the bookkeeping revenue in the following year and not the year the cash was received? • Going-concern assumption. • Monetary unit assumption. • Revenue recognition principle. • Business entity assumption. • Cost principle. 2) On January 1, a company...
Multiple Choice 11. Prepayment risk is: A. the risk you will not receive the cash flows...
Multiple Choice 11. Prepayment risk is: A. the risk you will not receive the cash flows on a mortgage-backed security B. the risk that you will receive the cash flows sooner than expected and be forced to invest at a lower rate. C. the risk that you will receive the cash flows later than expected and not be able to invest at current, higher rates. 12. Based on the video Inside the Meltdown, it appeared that the main reason Lehman...
Read the case and answer the following Multiple choice questions. There are 5 questions total, where...
Read the case and answer the following Multiple choice questions. There are 5 questions total, where some of them might have more than one correct answers. You can choose more than one options where you think is suitable for the above question. PERFORMANCE MANAGEMENT Project Manager Oliver Caine skimmed his notes as he waited for Ben Robins to come to the meeting room. He hoped Ben would arrive soon, as he wanted to get the con-versation finished quickly. Ben walked...
urgent please provide 3 multiple choice questions with correct answers. Since the early days of Google,...
urgent please provide 3 multiple choice questions with correct answers. Since the early days of Google, people throughout the company have ques- tioned the value of managers. That skepticism stems from a highly techno- cratic culture. As one software engineer, Eric Flatt, puts it, “We are a company built by engi- neers for engineers.” And most engineers, not just those at Google, want to spend their time designing and debugging, not communicating with bosses or supervising other workers’ progress. In...
1.    In a multiple regression model, the following coefficients were obtained: b0 = -10      b1 =...
1.    In a multiple regression model, the following coefficients were obtained: b0 = -10      b1 = 4.5     b2 = -6.0 a.    Write the equation of the estimated multiple regression model. (3 pts) b     Suppose a sample of 25 observations produces this result, SSE = 480. What is the estimated standard error of the estimate? (5 pts) 2.    Consider the following estimated sample regression equation: Y = 12 + 6X1 -- 3 X2 Determine which of the following statements are true,...