QuickBooks Chapter 8 Test Exam Questions and Answers
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Course
Quickbooks online
Institution
Quickbooks Online
True - Answer-Anything you want included on a paycheck must first be set up as an item
True - Answer-You edit, delete, and create new employees just as you do for customers and vendors
False - Answer-When you set employee defaults, QuickBooks automatically applies the preferences to all new e...
QuickBooks Chapter 8 Test Exam
Questions and Answers
True - Answer-Anything you want included on a paycheck must first be set up as an
item
True - Answer-You edit, delete, and create new employees just as you do for customers
and vendors
False - Answer-When you set employee defaults, QuickBooks automatically applies the
preferences to all new employees you create and you CANNOT change them
False - Answer-If you use an outside payroll service, you do NOT have to enter
employee information into QuickBooks
False - Answer-QuickBooks offers three payroll service options: Manual, Enhanced, and
Full Service
True - Answer-The QuickBooks Manual Payroll option requires you to enter all
employee and payroll information, including taxes, yourself.
False - Answer-In QuickBooks, voiding a paycheck is a very different process from
voiding other transactions
True - Answer-When working with payroll schedules, you can choose to pay employees
by group or by batch
False - Answer-There's nothing that needs to be done with the payroll activity report
received when working with an outside payroll service; just file it with your other
paperwork
Before you first run payroll - Answer-When must all W-4 information for an employee be
entered?
The Vendor List - Answer-Where are subcontractors tracked?
The employee's Social Security number - Answer-Which of these is required for payroll
setup?
Subcontractors - Answer-For whom would you use a 1099-MISC form?
Void the checks and then process the payment through the Pay Payroll Liabilities
window - Answer-What should you do if you used a regular check to pay payroll taxes?
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