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QuickBooks Certification Test|116 Questions & Answers
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QuickBooks Certification Test|116 Questions& Answers
After quickbooks sets up a chart of accounts in the easy step interview,
which of the following is True? - -It's possible to add more accounts later
-#Assume that quickbooks is now in single user mode. What does this
mean? - -only one user can access the data file
-The bank notified you that a customer's check you deposited has bounced.
The customer did not have sufficient funds to cover the check. What should
you do? - -Record a transaction to show the customer owes you the money
and that the checking balance decreased by that same amount
-#How can you ensure that invoice detail does not appear on a customer
statement? - -Uncheck the show invoice item detail on statements box in the
create statements window
-#How do you add or delete columns on a report? - -Click the customize
report button and on the display tab check or uncheck add or remove
columns
-#How do you change text in the header/footer of a report? - -Click the
customize report button and on the header/footer tab change the name
-How do you change the report basis, accrual vs. cash for just one report? -
-Click the customize report button and on the display tab choose accrual or
cash
-How do you move list entries to a different location on the list? - -click on
the diamond to the left of the name and then drag the name up or down the
list
-#How do you use a different forms template when creating a new
transaction? - -Open the form, click the templates drop down list and select
the appropriate form
-#How would you track customer birth in quickbooks? - -add a custom field
to the customer list
-**If you have a customized report that you use each month, which feature
lets you run the - -Memorize report
-#Name the sections of the balance sheet - -assets, liabilities, equity
, -#How do you access the product information window? - -Press the F2 key
-Suppose you always want all reports to show a specific size and color. How
do you set standard preference in quickbooks so you don't have to customize
each report? - -Click the edit menu and select preferences then click the
reports and graphs group to set preferences
-Suppose you want to restrict which users can access customer credit card
numbers. How do you do this? - -Give the user access to sales and accounts
but don't check the checking and credit card
-#What is the primary reason for setting a closing date in Quickbooks? - -to
restrict users from deleting, editing, or adding transactions to last year
-#What is the purpose of backing up in quickbooks? - -to protect against
data loss from file corruption or a hard file crash
-#What is the reason for not being able to delete a list entry? - -The entry
has been used in a transaction
-What should you do after you click save & close on a customer credit
memo? - -Choose between retained as an available credit, give a refund or
apply to an invoice
-**What steps most you complete to use the payroll center to pay payroll
liabilities? - -Set deposit frequencies
-#What tool do you use to move your logo to a form? - -layout designer
-#What transaction in quickbooks should you use if your customer pays you
when you provide the goods or services? - -Sales receipt
-#When a transaction is changed, what information does the Audit Trail
report provide? - -who changed the transaction, and the date/time the
transaction was changed
-#When can you delete a check from quickbooks without voiding it? - -
When you have multiple copies of the check
-When making your payroll tax deposit, how can you add IRS interest and/or
penalties? - -Click the expense tab and enter the appropriate account and
amount of interest and penalties
-#When should you set up a non-inventory item type? - -for something you
buy and sell but don't need to track the quantity on hands
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