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Quickbooks Online ACTUAL Questions and CORRECT Answers

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Quickbooks Online ACTUAL Questions and CORRECT Answers One of the major advantages of all subscription levels of QuickBooks Online have over the desktop version is: - CORRECT ANSWER- All the data is hosted, backed up and secured by Intuit's servers Your client uses QuickBooks Online Simple ...

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  • October 10, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Quickbooks Online
  • Quickbooks Online
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MGRADES
Quickbooks Online ACTUAL Questions
and CORRECT Answers
One of the major advantages of all subscription levels of QuickBooks Online have over the
desktop version is: - CORRECT ANSWER✔✔- All the data is hosted, backed up and
secured by Intuit's servers


Your client uses QuickBooks Online Simple Start. How many accountant users can your
client invite? - CORRECT ANSWER✔✔- 2


Your client is moving out of state and wants you to do the monthly accounting in their data
file. What would be the best reason to recommend converting to QuickBooks Online? -
CORRECT ANSWER✔✔- Online access to client data anytime, anywhere


How many regular (not accountant Users) can access a QuickBooks Essential subscription at
one time? - CORRECT ANSWER✔✔- 3



Under which settings tab do you enable inventory tracking? - CORRECT ANSWER✔✔-
Sales


What type of user can only be added to a QuickBooks Online Plus Company? - CORRECT
ANSWER✔✔- Reports-only user


Which of the following cannot be imported using the import data tool in QuickBooks Online?
- CORRECT ANSWER✔✔- Employees



Which of the following steps are needed to track inventory? - CORRECT ANSWER✔✔-
Sign up for Quickbooks Online Plus: Go to Account and Settings>Sales>Products and
services>Track inventory quantity on hand


Which of the following settings is found in the Expense setting screen of the Company
Settings? - CORRECT ANSWER✔✔- Specify custom fields for Purchase Orders

, A non-profit client wants to change the heading for her customers to Donors. Where should
she go in QuickBooks Online to change this setting? - CORRECT ANSWER✔✔- Gear
Icon>Account Settings>Advanced>Other preferences>Customer label


For how many consecutive days can you re-import QuickBooks Desktop data into
QuickBooks Online form the date the QuickBooks Online Company is created? - CORRECT
ANSWER✔✔- 180


Which of the following lists can not be accessed from the Left Navigation Pane? -
CORRECT ANSWER✔✔- Classes


Your client requires access to QuickBooks Online for himself, as well as his bookkeeper and
his accountant. In addition, he will need to add payroll to his subscription level. Which of the
following is the least expensive QuickBooks Online subscription he can purchase that will
satisfy these requirements? - CORRECT ANSWER✔✔- Simple Start


Where can you add a new Customer to your Customer List in QuickBooks Online? -
CORRECT ANSWER✔✔- The Customer Center > New Customer


Which of the following best describes the functionality of the top navigation bar in
QuickBooks Online? - CORRECT ANSWER✔✔- A place to easily access tools for entering
transactions


The QuickBooks Online App provides users with a more 'desktop like' experience. What
feature does this app have that QuickBooks desktop does not? - CORRECT ANSWER✔✔-
Ability to tile windows across multiple monitors


Where can you find the Transfer function of QuickBooks Online? - CORRECT
ANSWER✔✔- Quick Create


How do you get multiple screens to display over multiple display monitors when working in
the QuickBooks Online Apps? - CORRECT ANSWER✔✔- Windows menu > Menu items
open new windows

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