Exam (elaborations)
Quickbooks Online Exam (Updated) QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)
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Quickbooks Online Exam (Updated) QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)
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QuickbooksOnline
Exam
(Updated)
Quickbooks
online,
what
is
the
difference
between
voiding
and
deleting
a
check?
-
ANS
D.
Voiding
a
check
keeps
it
in
reports
but
reduces
its
value
to
zero
Deleting
a
check
removes
it
from
reports
other
than
the
Audit
Log.
Which
three
tasks
can
you
perform
when
using
Bank
Feeds
in
the
Banking
area?
(Choose
3)
-
ANS
A.
Issue
a
Stop
Payment
request
for
a
check
B.
Match
transactions
entered
in
Quickbooks
to
the
bank
information
as
they
clear
the
bank.
D.
Unreconcile
a
previously
cleared
transaction
Move
each
financial
report
from
the
list
on
the
left
to
the
correct
description
on
the
right.
1)
Show
assets,
liabilities,
and
equity
at
one
point
in
time.
2)
Used
to
understand
changes
in
revenues
and
expenditures
3)
Shows
income,
expenses,
and
net
income
during
a
specific
time
period.
4)
Provides
information
about
the
current
financial
health
of
a
business.
-
ANS
1)
Balance
sheet
2)
Profit
and
loss
statement 3)
Profit
and
loss
statement
4)
Balance
sheet
For
each
statement
about
managing
unbilled
expenses
in
Quickbooks
Online,
select
True
or
False.
1)
The
unbilled
costs
by
job
report
displays
the
unbilled
expenses
2)
If
you
clear
the
billable
check
box
for
a
cost,
it
is
no
longer
a
business
expense.
3)
You
can
change
the
billable
status
of
a
cost
by
selecting
or
clearing
the
Billable
check
box
on
the
check.
-
ANS
1)
True
2)
False
3)
True
For
each
aspect
of
a
report,
select
YES
is
you
can
customize
that
aspect
or
No
if
you
cannot.
1)
The
data
range
2)
The
accounting
3)
The
way
numbers
are
formatted
-
ANS
1)
Yes
2)
Yes
3)
No
For
each
statement
about
Quickbooks
Online
Plus,
select
True
or
False
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