题目

QBO25E1 - QuickBooks Online Module 13 Quiz

单项选择题

Which of the following is true about managing and editing budgets in QBO?

选项

A.Budgets in QBO can only be managed by an auditor.

B.You can edit a budget after it is created to ensure that your financial plans remain aligned with your business's goals and performance.

C.QBO automatically adjusts your budget based on actual performance without any manual updates.

D.Once a budget is created in QBO, it cannot be edited under any circumstances.

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标准答案

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思路分析

When evaluating the statement about managing and editing budgets in QBO, it’s helpful to check each option against how budgets typically function in QuickBooks Online. Option 1: 'Budgets in QBO can only be managed by an auditor.' This is incorrect. In QBO, budgets are typically managed by users with ap......Login to view full explanation

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类似问题

Typically, the first step in the budget process is to compile the ________.

Once a budget set has been saved, it cannot be modified.

Budgeting (time recommendation: 12 minutes) You are now being asked to prepare the budget for the marketing and packaging costs, including the cash payment component. Hangry Donuts has a social media manager (Cassandra) they pay $400 per month to schedule Instagram posts and share content that Hangry Donuts has been tagged in. She is paid at the end of every month. The business also requires packaging costs of $0.20 per donut. The same packaging is used no matter which donut is sold. About 12% of donuts sold will also require a paper bag at a cost of $0.35. The business pays for 60% of the packaging costs in the month incurred, and 40% in the next month. In December, in preparation for opening, the business purchased $500 worth of goods from their packaging supplier. Required: Complete the budget by completing the table below. (each box is worth 0.2857 marks) Enter numbers to 2 decimal places. Do not use dollar signs or commas. For example, if your answer is $15.50, enter "15.50" in the box. Budget January February March Projected sales 625 950 1500 Packaging costs - donuts [Fill in the blank] [Fill in the blank] [Fill in the blank] Packaging costs - bags [Fill in the blank] [Fill in the blank] [Fill in the blank] Fixed costs [Fill in the blank] [Fill in the blank] [Fill in the blank] Total marketing and packaging budget [Fill in the blank] [Fill in the blank] [Fill in the blank] Cash budget - payments Packaging supplier - current month [Fill in the blank] [Fill in the blank] [Fill in the blank] Packaging supplier - previous month [Fill in the blank] [Fill in the blank] [Fill in the blank] Social media manager [Fill in the blank] [Fill in the blank] [Fill in the blank]

What is the purpose of a budget in QBO?

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