Exam (elaborations)
QuickBooks Online Test 1 Questions and Answers 2023
- Course
- Institution
QuickBooks Online Test 1 Questions and Answers 2023
[Show more]
Content preview
QuickBooks Online Test 1 Questions and Answers 2023 1. You need to set up a new user so they can see reports but can do nothing else in QuickBooks. Put the steps for setting up a user who can only see reports in the correct order.: 1. Click the Company menu and choose Manage Users. 2. In the Manage Users screen, click New. 3. For User Type, choose Reports Only and click Next. 4. Enter the user's email address and click Next. 5. Click the Reports tab. 2. You've just been hired as a bookkeeper, and the company's QuickBooks is a mess. There are many list entries that are duplicates. You decide to merge list entries to clean up the lists. Which of the following statements is true about merging?: You can only merge names from the same type. 3. You have two customers with the same name. How do you handle this in QuickBooks?: Use a middle initial or other letter in the display name to make one name different from the other. 4. Your customer, Donna Comeback, has gone out of business and you will never sell to her again. Put the steps for removing her from the customer list in the correct order.: 1. Click the Customer tab. 2. Edit the Customer you want to remove (Donna). 3. Click Make Inactive. 5. How do delayed charges affect a customer's balance?: Delayed charges have no effect on a customer's balance. 6. Which of the following statements is true regarding Undeposited Funds in QuickBooks?: Undeposited Funds is an account used to record payments before you make a deposit. 7. What is one reason to not use a bank deposit or journal entry screen to record sales?: If you record sales through the bank deposit or journal entry screen, the sale will not appear on sales reports. 8. What transaction should you enter if a customer returns a damaged product or, in the case of a service, complains so much you decide to offer a refund? -The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Toian. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
81989 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now