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Quickbooks (Intuit) Certification Exam 2024 Actual Questions with Verified Answers, 100% Guarantee Pass $12.99   Add to cart

Exam (elaborations)

Quickbooks (Intuit) Certification Exam 2024 Actual Questions with Verified Answers, 100% Guarantee Pass

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Quickbooks (Intuit) Certification Exam 2024 Actual Questions with Verified Answers, 100% Guarantee Pass

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  • September 3, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • QuickBooks
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Quickbooks (Intuit) Certification Exam.pdf file:///C:/Users/HP/Desktop/SSSSSSS/Quickbooks%20(Intuit)%20Ce




Quickbooks (Intuit) Certification Exam


1. Move each answer financial report from the list on the left to the correctdescription

on the right.

1) Shows assets, liabilities, and equity at one point in time

2) Used to understand changes in revenues and expenditures

3) Shows income, expenses, and net income during a specific time period

4) Provides information about the current financial health of a business

ANS 1)Balance sheet

2) Balance sheet

3) Profit & loss

4) Profit & loss

2. You want to pass on some of your costs directly to customers in QuicbooksOnline.You

are able to assign a customer to a cost, but you cannot mark it asbillable. You need to

make costs billable in Quickbooks Online. What should you do?

ANS C) In the account and settings area, on the Expenses tab, toggle on Makeexpenses and items

billable.
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,Quickbooks (Intuit) Certification Exam.pdf file:///C:/Users/HP/Desktop/SSSSSSS/Quickbooks%20(Intuit)%20Ce




3. You are sending an invoice to a customer. You need to set up the payment terms.What

does a payment term of "Net 15" mean?

ANS A) The customer must paythe invoice in full within 15 days of the invoice date.

4. Which lists can you import into Quickbooks Online Plus from the importData

screen?

ANS A) Products and services

5. 1) Quickbooks Payments allows you to accept payments directly from cus-tomers.

2) Quickbooks Paymentts accepts credit cards, debit cards, cash, checks, andACH bank

transfers.

3) Transaction fees for using Quickbooks Payments are changed on a separatemonthly

invoice from Intuit.

ANS 1) True

2) True

3) False

6. For each statement about setting up payment terms for a new customer inQuickbooks

Online, select True or False.


1) You can create new payment terms from the New Customer form.

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