Quickbooks Chapter 1

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How are QBO and QBDT similar?

Both QBO and QBDT were developed in‐house by Intuit to capture and report on accounting events.

Do you need to back up QBO files?

No, QBO does not require the creation of backup files.

Does QBO work offline, without an Internet connection?

No, QBO requires an Internet connection.

How are QBO and QBDT different in the number of companies they can manage per license?

QBO is limited to one company per license. QBDT can manage an unlimited number of companies.

What information do you need to supply to assign your instructor as the company's accountant?

The process of assigning your instructor as the accountant for your company involves a brief interview in which you'll provide your instructor's email address and name.


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