QBO ProAdvisor Test Section 1 (Qs & As) 100% Verified
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QBO Certificaiton
Institution
QBO Certificaiton
QBO ProAdvisor Test Section 1 (Qs & As) 100% Verified
What are the key benefits of the Client Overview tab? Select all that apply. Correct
answer--Concise subscription information
-Recent banking activity stats
-Early indications of banking errors
What can you do to make sure the app is suit...
QBO ProAdvisor Test Section 1 (Qs & As) 100% Verified
What are the key benefits of the Client Overview tab? Select all that apply. Correct
answer--Concise subscription information
-Recent banking activity stats
-Early indications of banking errors
What can you do to make sure the app is suitable before recommending it to your client? Select
all that apply. Correct answer--Read the reviews of the app from customers and other
ProAdvisors
-Test the app yourself beforehand
-Request a demo of the app from the developer
Which of the following options are true regarding editing a chart of accounts? Select all that
apply. Correct answer--Merging accounts isn't possible for all account types
-Transactions posted to merged accounts are also merged
With our ProAdvisor Preferred Pricing, what percentage discount off the list price of a
QuickBooks Online subscription can you offer your clients? Correct answer-30%
Which section in the New Client Checklist helps you understand your client's needs to
determine the features and solutions required? Correct answer-Features and Solutions
What are the 3 primary ways to migrate client data to QuickBooks Online? Correct
answer--Convert data from existing QuickBooks Desktop file
, QBO ProAdvisor Test Section 1 (Qs & As) 100% Verified
-Use the Import data tool
-Enter data manually into the QuickBooks Online forms and check registers
Brian just completed a Client Needs Assessment and his client confirmed that she will require
profitability tracking, and needs to create budgets and purchase orders in her accounting
solution.
What is the minimum QuickBooks Online version suitable for Brian's client? Correct
answer-QuickBooks Online Plus
What are 3 benefits of the ProAdvisor Discount Program? Correct answer--Up to 30% off
subscriptions for your clients
-Ability to add, remove, or change clients' subscriptions
-Itemized billing of all firm-billed subscriptions
To determine the scope of a bookkeeping clean-up engagement, you are reviewing the Client
Overview tab for a potential client. You notice that there is a large amount in the Opening
Balance Equity account.
Which 2 reasons could be causing this balance? Correct answer--Transactions in the
Banking Center were added without assigning an account to them
-An opening balance was entered when an inventory item was created
-An opening balance was entered when creating a new Other Current Asset account
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