Domain 3 L1
Domain 1
Domain 3 L2
Cypress Creek
Accounting Concepts
100

A ___________name can be the same on multiple list items.

Company

100

The QuickBooks Online Plus plan includes _____ users

Five

100

Expense tracking can compare different projects to see if certain types of projects are more __________than others.

Profitable

100

What is the Cypress official color?

Burgundy or Dark Red 

100

An accounting method report that reflects all transactions.

Accrual Report

200

If a user merges vendor accounts, this change is _________ and cannot be undone.

Permanent

200

Accrual accounting generally provides a company with a better sense of its overall _______________

Financial Health

200

The purpose of making expenses and items billable is to purchase supplies and then bill _________for those supplies.

Our customers

200

How many building has Cypress?

10

200

A financial institution licensed to receive deposits, make loans, track cash in/out of a business, and provide financial services.

Bank

300

When a user changes the ___________name to match a double account entry, the matching display names alert QuickBooks to merge the two accounts.

Display

300

A user can track different___________ by creating a project.

Jobs

300

Billable expenses have the option to create an ____________

Invoice

300

What is the Principal 1rst name?

Marisol

300

An economic resource that will generate economic benefit and is categorized in the order of how liquid the asset is: current, fixed, and other.

Asset

400

______________ payment terms provide users 60 days before a payment is due.

Net 60

400

__________and __________ list items are used when creating invoices, purchase orders, and tracking inventory.

Products and Services
400

Expense tracking is used to see if a project is ________________

Making a profit or not

400

What is the time to be on time in the classroom?

7:20 am

400

A report that reflects assets, liabilities, and equity. It does not show profit or loss.

Balance Sheet

500

Payment terms are the allotted amount of time a user has to pay a bill once it is ______________

Received

500

Sub-accounts are used to break down accounts to see___________ or income in greater detail.

Expenses

500

Expense tracking is activated within ______________

Settings- Expenses - Billing and Expenses

500

What's the Street name where is located Cypress Creek High School?

Bear Crossing Dr.

500

A company's debts, including credit extended to the business, money owed on credit cards, sales tax owed to the government, employee withholdings owed to the government, and both short-term and long-term debts. Liabilities are distinguished between two types: current and long-term.

Liability