Question

Which accounts cannot be made inactive in QuickBooks Online?

A) Income accounts
B) Expense accounts
C) Bank accounts
D) Equity accounts

Answer 1

In QuickBooks Online, Bank accounts cannot be made inactive as they are crucial for financial records and may have a balance or be connected to online banking.

Step-by-step explanation:

The question pertains to QuickBooks Online, which is a cloud-based financial management software. In the context of QuickBooks Online, certain accounts cannot be made inactive. Specifically, Bank accounts cannot be made inactive because they are integral to a company's financial records and often have a balance or are connected to online banking. While it is possible to make Income, Expense, and Equity accounts inactive, doing so with a Bank account could lead to discontinuity in financial tracking and potentially cause issues in record keeping and reporting.