题目
题目

QBO25E1 - QuickBooks Online Final Exam

单项选择题

What is the purpose of a budget in QBO?

选项
A.To track your employee payroll and taxes
B.To set financial goals, track expenses, and measure your business's performance against planned targets
C.To manage your customer payments and outstanding invoices
D.To calculate your business’s sales tax liabilities
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思路分析
Question: What is the purpose of a budget in QBO? Option 1: 'To track your employee payroll and taxes' — This describes payroll processing and tax withholding tasks. Budgets focus on planning and comparing financial performance, not the day-to-day payroll calcu......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]  

QBO provides tools to create detailed budgets based on all of the following EXCEPT ________ .

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