PROADVISOR CERTIFICATION EXAM
2024 ACTUAL EXAM COMPLETE 300
QUESTIONS WITH DETAILED
VERIFIED ANSWERS (100% CORRECT
ANSWERS) /ALREADY GRADED A+
Which accountant tool in QuickBooks Online
Accountant helps identify transactions that may have
been removed accidentally from the company file? -
....ANSWER...Voided/Deleted Transactions
From the For review tab in the bank feed, how can
you exclude a bank transaction that is a duplicate? -
....ANSWER...Find transaction > Check the box next to
transaction > Select Exclude in the banner
Which 3 criteria can be specified in a bank rule
condition? - ....ANSWER...Description
Transaction Amount
Transaction Date
,Which 3 are transaction types you can assign in a
rule for money-out transactions? -
....ANSWER...Expense
Journal Entry
Check
Which 3 statements regarding bank rules are true? -
....ANSWER...Bank rules can be copies, edited, or
deleted
Bank rules can be prioritized
Bank rules can automatically add transactions to the
register
Which 2 statements are true regarding using bank
rules in QuickBooks Online? - ....ANSWER...Rules
apply to unaccepted transactions only
QuickBooks Online only applies one rule per
transaction
What are two ways to begin setting up a Recurring
Transaction in QuickBooks Online? -
....ANSWER...Select the Make recurring option at the
bottom on the desired transaction
,Gear > Recurring transactions
Which 4 transaction types can be made into
recurring templates? - ....ANSWER...Bill
Invoice
Pay Bills
Receive Payment
Which 3 statements are correct regarding
reconciling a bank account in QuickBooks Online? -
....ANSWER...Transactions added or matched in the
Banking center are automatically marked tentatively
cleared.
The primary admin can undo reconciliations.
To begin the reconcile process, you need to enter the
statement ending date and ending balance from the
relevant bank statement
Which 3 conditions could lead to the beginning
balance of a bank or credit card reconciliation being
inaccurate? - ....ANSWER...A reconciled transaction's
payee was changed
, A reconciled transaction was deleted
A reconciled transaction's amount was changed
Which report indicates when QuickBooks online
users signed in and out? - ....ANSWER...Audit Log
What's used to validate the bank and credit card
account balances on a balance sheet? -
....ANSWER...Reconciliation Reports
Which report would you use to show the least
popular products? - ....ANSWER...Sales by
Product/Service Summary
What 2 aging options are available for aging reports?
- ....ANSWER...Current and Report Date
Which 3 predefined management report templates
will a client see in their company file? -
....ANSWER...Basic company financials
Company overview
Expenses performance
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