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QuickBooks Online Certification Bundle| Test Study Guide Questions with Correct answers 2023/2024
QuickBooks Online Certification Test Study Guide ,question answers already graded A
[Show more]QuickBooks Online Certification Test Study Guide ,question answers already graded A
[Show more]Why would you hide or collapse sub accounts on a report? To temporarily hide unnecessary 
detail and hide parent accounts 
What should you do after you click save & close on a customer credit memo? Choose 
between retained as an available credit, give a refund or apply to an invoice
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Add to cartWhy would you hide or collapse sub accounts on a report? To temporarily hide unnecessary 
detail and hide parent accounts 
What should you do after you click save & close on a customer credit memo? Choose 
between retained as an available credit, give a refund or apply to an invoice
Why must you set deposit frequencies for the taxes or deductions your company has to pay 
(Payroll Liabilities)? So that Payroll Liabilities show yp in the Pay Taxes & Other Liabilities 
list in the Payroll Center 
What are the first two steps to set up payroll in Quickbooks? 1) Sign up for a payr...
Preview 2 out of 14 pages
Add to cartWhy must you set deposit frequencies for the taxes or deductions your company has to pay 
(Payroll Liabilities)? So that Payroll Liabilities show yp in the Pay Taxes & Other Liabilities 
list in the Payroll Center 
What are the first two steps to set up payroll in Quickbooks? 1) Sign up for a payr...
After quickbooks sets up a chart of accounts in the easy step interview, which of the following is 
True? It's possible to add more accounts later 
#Assume that quickbooks is now in single user mode. What does this mean? only one user 
can access the data file
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Add to cartAfter quickbooks sets up a chart of accounts in the easy step interview, which of the following is 
True? It's possible to add more accounts later 
#Assume that quickbooks is now in single user mode. What does this mean? only one user 
can access the data file
The Client List is your one-stop shop for all of your client information- even clients who do 
not use QuickBooks Online! 
What are the five columns listed under Client Details? Notes, Bookkeeping, Payroll, Shared 
Documents, and Tax
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Add to cartThe Client List is your one-stop shop for all of your client information- even clients who do 
not use QuickBooks Online! 
What are the five columns listed under Client Details? Notes, Bookkeeping, Payroll, Shared 
Documents, and Tax
How is a credit memo different from a refund receipt? A credit memo affects accounts 
receivable 
What are the non-posting transactions related to sales? Estimate, Delayed Charge, Delayed 
Credit
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Add to cartHow is a credit memo different from a refund receipt? A credit memo affects accounts 
receivable 
What are the non-posting transactions related to sales? Estimate, Delayed Charge, Delayed 
Credit
When you're working in QuickBooks Online, you'll spend most of your time using a 
form, a list, or a: Register 
Which customization would quickly condense the size of a Profit & Loss report: Click 
collapse on the report to show only parent account subtotals
Preview 2 out of 6 pages
Add to cartWhen you're working in QuickBooks Online, you'll spend most of your time using a 
form, a list, or a: Register 
Which customization would quickly condense the size of a Profit & Loss report: Click 
collapse on the report to show only parent account subtotals
One of the major advantages of all subscription levels of QuickBooks Online have over the 
desktop version is: 
All the data is hosted, backed up and secured by Intuit's servers 
You use QuickBooks Online Simple Start. How many accountant users can your invite? 
2 
What is a benefit of Quickbooks ...
Preview 2 out of 13 pages
Add to cartOne of the major advantages of all subscription levels of QuickBooks Online have over the 
desktop version is: 
All the data is hosted, backed up and secured by Intuit's servers 
You use QuickBooks Online Simple Start. How many accountant users can your invite? 
2 
What is a benefit of Quickbooks ...
One of the major advantages of all subscription levels of QuickBooks Online have over the 
desktop version is: 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? 2
Preview 3 out of 17 pages
Add to cartOne of the major advantages of all subscription levels of QuickBooks Online have over the 
desktop version is: 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? 2
You want to add a new Product and Services entry to your client's QuickBooks Online company. 
The service is installation of a server that doesn't include the cost of the hardware. Here are some 
steps for getting the job done. 
1. Select the Gear icon, select Products and Services, then select ...
Preview 2 out of 6 pages
Add to cartYou want to add a new Product and Services entry to your client's QuickBooks Online company. 
The service is installation of a server that doesn't include the cost of the hardware. Here are some 
steps for getting the job done. 
1. Select the Gear icon, select Products and Services, then select ...
Which 3 navigation features are missing in a Reports Only user's view? 
Navigation panel 
Search box 
+ New button 
Gear icon 
Help menu
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Add to cartWhich 3 navigation features are missing in a Reports Only user's view? 
Navigation panel 
Search box 
+ New button 
Gear icon 
Help menu
When using the Copy to Purchase Order feature from within an Estimate, where do you need to 
turn on Use Purchase orders? 
Account and Settings > Products and Services 
Expenses > Purchase orders 
Account and Settings > Expenses > Purchase orders 
Vendors > Purchase order
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Add to cartWhen using the Copy to Purchase Order feature from within an Estimate, where do you need to 
turn on Use Purchase orders? 
Account and Settings > Products and Services 
Expenses > Purchase orders 
Account and Settings > Expenses > Purchase orders 
Vendors > Purchase order
How can you filter the For Review tab to see all the transactions QuickBooks Online thinks it 
has found a good match for? 
Select the All transactions drop-down, then Matched 
Select the All transactions drop-down, then Recognized 
Click on the Gear icon, then select Show only matches 
Select the ...
Preview 2 out of 5 pages
Add to cartHow can you filter the For Review tab to see all the transactions QuickBooks Online thinks it 
has found a good match for? 
Select the All transactions drop-down, then Matched 
Select the All transactions drop-down, then Recognized 
Click on the Gear icon, then select Show only matches 
Select the ...
Stacy wants to run reports that tell her which vendors provide the best prices on the products she 
sells. 
Which 2 vendor workflows in QuickBooks Online enable her to create reports with this data? 
Create Bill with product/service items > Pay Bill 
Create Expense with product/service items 
Cr...
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Add to cartStacy wants to run reports that tell her which vendors provide the best prices on the products she 
sells. 
Which 2 vendor workflows in QuickBooks Online enable her to create reports with this data? 
Create Bill with product/service items > Pay Bill 
Create Expense with product/service items 
Cr...
Can you delete or make inactive something on a list if it has a balance (e.g. Customer, Vendor, or 
Stock Product, or Account)? Yes, QuickBooks will automatically create a transaction to 
make the balance zero. 
While setting up a QuickBooks Online account, you accidentally entered the wrong compa...
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Add to cartCan you delete or make inactive something on a list if it has a balance (e.g. Customer, Vendor, or 
Stock Product, or Account)? Yes, QuickBooks will automatically create a transaction to 
make the balance zero. 
While setting up a QuickBooks Online account, you accidentally entered the wrong compa...
Can you delete or make inactive something on a list if it has a balance (e.g. Customer, Vendor, or 
Stock Product, or Account)? Yes, QuickBooks will automatically create a transaction to 
make the balance zero.
Preview 3 out of 19 pages
Add to cartCan you delete or make inactive something on a list if it has a balance (e.g. Customer, Vendor, or 
Stock Product, or Account)? Yes, QuickBooks will automatically create a transaction to 
make the balance zero.
You spend hours customizing a report to contain all the information you want. You want to run 
this report without having to do this customization again, how would you do that? 1. When 
the report is customized to your liking, click "save customizations" 
2.Name the report and click "Save" 
3.To r...
Preview 3 out of 25 pages
Add to cartYou spend hours customizing a report to contain all the information you want. You want to run 
this report without having to do this customization again, how would you do that? 1. When 
the report is customized to your liking, click "save customizations" 
2.Name the report and click "Save" 
3.To r...
Marcus runs a small tailoring firm called Tailoring to Your Needs, Inc. in Santa Barbara. He 
needs something that will help him manage his finances with the help of his accountant. 
Which product do you think might suit him best? QuickBooks Online
Preview 2 out of 8 pages
Add to cartMarcus runs a small tailoring firm called Tailoring to Your Needs, Inc. in Santa Barbara. He 
needs something that will help him manage his finances with the help of his accountant. 
Which product do you think might suit him best? QuickBooks Online
Which 3 transactions in QuickBooks Online are reflected in the Accounts Payable Aging Detail 
report? BillsVendor CreditsBill Payments 
Your client is asking how much they owe their vendors. 
What report will you suggest they review? Accounts Payable Aging Summary
Preview 1 out of 3 pages
Add to cartWhich 3 transactions in QuickBooks Online are reflected in the Accounts Payable Aging Detail 
report? BillsVendor CreditsBill Payments 
Your client is asking how much they owe their vendors. 
What report will you suggest they review? Accounts Payable Aging Summary
How do you edit a collections letter? Choose COMPANY> PREPARE LETTERS WITH 
ENVELOPES> CUSTOMIZE LETTER TEMPLATES. 
What does the term "Double-Entry Accounting" mean? There are always at least two 
accounts involved in every financial transaction.
Preview 3 out of 22 pages
Add to cartHow do you edit a collections letter? Choose COMPANY> PREPARE LETTERS WITH 
ENVELOPES> CUSTOMIZE LETTER TEMPLATES. 
What does the term "Double-Entry Accounting" mean? There are always at least two 
accounts involved in every financial transaction.
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