Exam (elaborations)
QBO Exam | Questions And Answers Latest {} A+ Graded | 100% Verified
- Course
- Institution
QBO Exam | Questions And Answers Latest {} A+ Graded | 100% Verified
[Show more]
Content preview
QBO Exam | Questions And Answers Latest {2024- 2025} A+ Graded | 100%Verified
If you don't download bank transactions, how do you enter a business lunch paid for with the company
debit card?
A. Click the Global Create Button and Select Expense. Fill out the expense and use Debit Card as the
payment method.
B. Click the Global Create Button and Select Debit Card. Fill out the debit card charge and save
transactions.
C. Click the Global Create button and select Bill. Enter a bill for the meal. Then click the global Create
button again and select Pay Bills. Now enter the payment of the bill for lunch.
D. Click the Global Create Button and select Check. Fill out the expense and save the transaction. - A.
Click the Global Create Button and Select Expense. Fill out the expense and use Debit Card as the
payment method.
Which of the following is true in regrading Journal entries?
A. Journal entries require a good understanding of debits and credits and a great deal of care should be
taken by non-accountants when entering them.
B. journal entries should not be used during year-end adjustments.
C. Enter a Journal Entry when you're not sure which form to use.
D. Journal entries should not be enter depreciation. - A. Journal entries require a good understanding of
debits and credits and a great deal of care should be taken by non-accountants when entering them.
Your company has sales rep and you need to keep track of the sales rep associated with each sale. How
would you track sales reps on sales forms?
A. Enter each sales rep as a vendor and select them as the vendor on sales forms.
B. Use the sales rep field that appears as a default on all sales forms.
C. Navigate to Account and Settings, and in the Sales category of settings, create a custom field for sales
reps.
D. You can't track sales reps in Quickbooks. - C. Navigate to Account and Settings, and in the Sales
category of settings, create a custom field for sales reps.
Put the two steps for customizing an invoice in the correct order.(two steps)
, A. Select custom Form styles
B. At the bottom of the invoice, click "Edit"
C. Open an Invoice
D. Click the settings (gear) icon - 1.D. Click the settings (gear) icon
2. A. Select custom Form styles
Select the statement that's true about the Apps tab in quick books.
A. All the apps are created by QuickBooks (or Intuit, the makers of QBs.
B. Use it to track appointments .
C. Use it to add games for Quickbooks uses to enjoy during their breaks.
D. Use it to find an app designed for a specific business function that also syncs with QuickBooks so you
don't have to enter data twice. - D. Use it to find an app designed for a specific business function that
also syncs with QuickBooks so you don't have to enter data twice.
You're a consultant and you invoiced a customer last year for 6 hours of service. They still haven't paid
you! You spoke to them and found that you accidentally invoiced them for 10 hours! NOTE: You've
already filled your taxes for last year. Put the steps to record that they only owe you for 6 hours in the
right order.
A. Click Customer Discount.
B. Click Credit Memo.
C. Save the transaction.
D. Enter the customer information, the service you used on the original invoice,and a quantity of 4.
E. Enter the customer information, the service you used on the original invoice, and quantity of 6.
F. Click the global Create icon.
G. Click adjust sales. - F. Click the global Create icon.
B. Click Credit Memo.
D. Enter the customer information, the service you used on the original invoice,and a quantity of 4.
C. Save the transaction.
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 oneclass. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.48. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
81113 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now