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QuickBooks Online Exam Bundle

Exam (elaborations) QuickBooks Online 2024 Practice Exam 2 Training Questions with Correct Answers 2 Exam (elaborations) QuickBooks Online Certification Exam- Section 5 Questions and Answers 3 Exam (elaborations) QuickBooks Online Certification Prep Exam Questions and Answers 4 Exam (elaboration...

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33 items

AIS- QuickBooks Exam 2 Questions with Latest Update

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Before adding customers, check QBO's: - Answer-Account and Settings. The Customers page includes the: - Answer-All When cash sales are recorded, use: - Answer-Sales Receipt. What customers owe your business is known as: - Answer-Accounts receivable. The following transaction affects t...

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Intuit QuickBooks Certification Exam Questions and Answers

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You've been hired by a company that started in 1911. They've never used QuickBooks. During the Easy Step Interview, what "Start Date" should you use? - Answer-The date you want to begin tracking the company's finances in QuickBooks When setting up a new company through the Easy Ste...

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QuickBooks Certification Exam Questions with Correct Answers

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What is the reason to use the items tab when entering a bill? - Answer-To assign a cost to a job or purchase inventory. Suppose you have a subcontractor who receives a 1099 rom your company. Which list should you add them to What happens to the inventory asset account when you enter a purchase...

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Quick-books Certification Exam Questions with Correct Answers

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Why must you set deposit frequencies for the taxes or deductions your company has to pay (Payroll Liabilities)? - Answer-So that Payroll Liabilities show yp in the Pay Taxes & Other Liabilities list in the Payroll Center What are the first two steps to set up payroll in Quickbooks? - Answer-1) Si...

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Quick-books Certification Exam Questions with Verified Answers

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Which billing options allow clients to pay their QuickBooks Online subscription fees directly themselves? Select all that apply. - Answer-Revenue share, direct discount Which of the following are benefits of using QuickBooks Time? Select all that apply. - Answer-It allows administrators to schedu...

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QuickBooks Certification Example Questions and Answers

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Answer: Step 2: Select the Sales tab; Step 3: From the drop-down list, select Online invoice - Answer-QuickBooks Online has some great features. Clients can use Online Invoicing, which will track when they've been viewed and paid. Online Invoicing even allows for customer queries via online messa...

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QuickBooks Certification Practice Exam (Purchases) Questions and Answers

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Suppose you have a subcontractor who receives a 1099 from your company. Which list should you add them to? a. Employee List b. Vendor List c. Other Names List d. Class List - Answer-b. Vendor List This is the correct answer When should you NEVER delete a check? a. You recorded ...

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QuickBooks Exam Questions and Answers Latest Update

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Ch.1 - Data entry is the same in QuickBooks whether you use accrual or cash basis accounting. - Answer-True Ch.1 - The cash basis accounting method means the sales transaction is recorded when the sale is made and expenses are recorded when they are incurred. - Answer-False Ch.1 - Always back ...

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QuickBooks Exam Questions and Answers 2024

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In what QBO subscriptions can you prepare and print 1099s? - Answer-Plus and Advanced What is the migration utility? - Answer-A tool that assists with importing all data from a QuickBooks Desktop company file to QuickBooks Online Why create the Chart of Accounts? - Answer-To categorize assets,...

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QuickBooks Exam 2 Questions with Latest Update

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Which report should you run to list all customers who currently owe balances and how old the balances are? - Answer-A/R Aging Summary *What steps will take you to a client's QuickBooks online company from QuickBooks online accountant? - Answer--Selecting the QB icon next to their name on the c...

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QuickBooks Chapter 9 Test Exam Questions and Answers

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False - Answer-You can create estimates for jobs but NOT customers False - Answer-If you will perform only one job for a customer, you must create a job for that customer to track costing information True - Answer-QuickBooks allows you to create multiple estimates for a single customer or job ...

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QuickBooks Chapter 8 Test Exam Questions and Answers

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True - Answer-Anything you want included on a paycheck must first be set up as an item True - Answer-You edit, delete, and create new employees just as you do for customers and vendors False - Answer-When you set employee defaults, QuickBooks automatically applies the preferences to all new em...

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QuickBooks Ch 1-5 Exam Questions with Correct Answers

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QuickBooks Online is an accounting system that is cloud-based. - Answer-True Lists in QuickBooks Online are used for storing information about your accounts, products, and services - Answer-True You should always back up your data files to your computer when using QuickBooks Online. - Answer-F...

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QuickBooks Certification Test Exam Questions with Correct Answers

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After quickbooks sets up a chart of accounts in the easy step interview, which of the following is True? - Answer-It's possible to add more accounts later #Assume that quickbooks is now in single user mode. What does this mean? - Answer-only one user can access the data file The bank notifi...

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QuickBooks Certification Test (3) Exam Questions with Latest Update

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When you create a new company file, QuickBooks asks for your start date. What is the best definition of start date in QuickBooks? - Answer-The day you chose to start recording the financial records in Quick-books. When a transaction is change, what information does the Audit Trail report Merging ...

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QuickBooks Certification Practice Test #1 Exam Questions with Complete Solutions

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How can you stop yourself and others from deleting, editing, or adding transactions in a closed period? - Answer-Set a closing date You successfully reconciled the checking account last month. This month, when you begin to reconcile the same account, you notice the beginning balance calculated by...

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QuickBooks Exam Questions and Answers

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1. Select the Gear icon, and select Account and Settings, under the Your Company column 2. ________ and scroll down to the Online delivery section 3. ________ to ensure that Attach invoice as pdf is unchecked. Identify the missing steps. - Answer-2. Select the Sales tab, 3. From the drop-dow...

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QuickBooks Exam Section 5 Questions and Answers

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Where can you see the number of tags and tag groups created? - Answer-Banking > Tags Which report summarizes the amount of financial activity associated with each income or expense account for a specific period of time? - Answer-Balance Sheet Which 2 user types can access the Performance Ce...

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QuickBooks Exam study Guide Questions and Answers 2024

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+ New menu - Answer-Displays a list of categorized transactions Top-Right navigation Tools - Answer-Include Help, Search, and Notifications Gear Icon - Answer-Company, Lists, Tools, and Profile menus. navigation bar - Answer-Gives Access to the various centers. Assets - Answer-What the c...

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QuickBooks Online 2024 Practice Exam 2 Training Questions with Correct Answers

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What should you do if you drive past your exit on an interstate highway? - Answer-If you drive past the exit where you wanted to leave an interstate highway, you should: Go on to the next exit. As you are preparing to turn right at an intersection, you should: Slow down to a safe turning speed. W...

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Quick-Books Online Certification Exam Questions with Latest Update

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Write down the true statements regarding how to make changes to the QuickBooks Chart of Accounts and how to link products and services to the chart of accounts? - Answer-We have to access the chart of accounts to add a new account. And then, click on New to launch the Account window. When you ha...

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QuickBooks Online Certification Exam- Section 5 Questions and Answers

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Why would one record multiple payments as a single bank deposit transaction? - Answer-By recording them to Undeposited Funds, they will be added to one single bank deposit transaction, to match the actual bank deposit amount. This means when the bookkeeper tries to reconcile the accounts, it's...

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QuickBooks Online Certification Prep Exam Questions and Answers

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If QuickBooks Online was set up correctly, what figure should you expect to see in the Opening balance equity account balance? - Answer-A balance of zero For clients with a QuickBooks Online Plus account, what's the maximum number of billable users? - Answer-5 Your client needs a QuickBooks...

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QuickBooks Online Certification Sample Exam Questions and Answers

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How would QuickBooks Online alert you of a discrepancy in the beginning balance when reconciling your clients' accounts? A. An error message will be displayed once the reconciliation has been completed B. The account to be reconciled will be greyed out in Account to reconcile dropdown C. A...

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QuickBooks Online Certification Test Exam Study Guide Questions and Answers

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You spend hours customizing a report to contain all the information you want. You want to run this report without having to do this customization again, how would you do that? - Answer-1. When the report is customized to your liking, click "save customizations" 2.Name the report and click ...

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QuickBooks Online Exam (Updated) Exam Questions with Correct Answers

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An existing vendor decides to purchase products from your company in Quickbooks online, you set up a customer account for the vendor. For each account field, select Yes if the vendor and customer account entries must be unique or No if they can be identical. 1) First name 2) Last name 3) Display...

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Section 2 (QuickBooks) Exam Questions with Latest Update

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️1. What are the steps to import a list of products and services in QuickBooks Online? - Answer-Select + New icon > Tools column > Import Data > Products and Services Select Accountant Tools > Tools column > Import Data > Products and Services Select Gear icon > Tools c...

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Quick-Books-Chapter 3 Practice Exam Questions and Answers

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In QuickBooks, the Enter Sales Receipts window will result in a debit to - Answer-the Cash or Undeposited Funds account. A sale on account - Answer-creates an account receivable Which statement is false? - Answer-Customers can be added or edited in the Customer Center, but not deleted Which...

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QuickBooks training desktop Exam Questions and Answers

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If you choose to remove transactions as a specific data from the "condense data" window, what does QuickBooks do? - Answer-Removes all transactions while leaving lists, presences and service subscriptions intact when setting up a company file, What should you do when you reach the trial/ope...

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QuickBooks ProAdvisor Certification Exam Questions and Answers

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In the ProAdvisor section, under Your Practice. - Answer-Where would you go on your QuickBooks Online Accountant dashboard to find the best advice for Pro-Advisors to develop their businesses and access certifications? QuickBooks Online Accountant - Answer-Which product will help him manage all h...

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QuickBooks Practice Test 100 Questions Exam Guide with Correct Answers

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During the Advanced Setup, you can turn on and off which features in the EasyStep Interview? a. Sales taxes b. Inventory c. Progress Invoicing d. All of the above - Answer-ALL of the above During the Advanced Setup, you can set up a password for which of the following users during the EasySte...

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QuickBooks Online Midterm Exam Questions and Answers

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The gear icon is where you: - Answer-Manage users and modify or change company settings The list of accounts and account numbers used to capture and track transactions is known as: - Answer-Chart of Accounts When you run a report in QuickBooks online you can only print that report: - Answer-Fa...

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QuickBooks Online Exam (Updated) Questions and Answers

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Whterm-1ich three tasks can you perform when using Bank Feeds in the Banking area? (Choose 3) - Answer-Match transactions entered in QuickBooks to the bank information as they clear the bank. Create a Receive Payment transaction if invoices are open in QuickBooks and one or more payments have cle...

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