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QuickBooks Practice Test 100 Questions and answers rated A+ by experts 2024/2025
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QuickBooks Practice Test 100 Questions and answers rated A+ by experts 2024/2025
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QuickBooksPractice
Test
100
Questions
During
the
Advanced
Setup,
you
can
turn
on
and
off
which
features
in
the
EasyStep
Interview?
a.
Sales
taxes
b.
Inventory
c.
Progress
Invoicing
d.
All
of
the
above
-
ANSALL
of
the
above
During
the
Advanced
Setup,
you
can
set
up
a
password
for
which
of
the
following
users
during
the
EasyStep
Interview?
a.
Administrator
b.
External
Accountant
c.
You
cannot
setup
passwords
during
the
EasyStep
interview
d.
All
users
-
ANSadministrator
When
setting
up
a
new
company
through
the
Advanced
Setup,
some
company
information
is
optional
and
some
is
absolutely
required.
Which
of
the
following
pieces
of
information
does
QuickBooks
require
you
to
enter
during
the
EasyStep
Interview?
a.
Company
name
b.
Company
password
c.
Tax
ID
d.
All
of
the
above
-
ANScompany
name
How
do
you
set
up
multiple
businesses
in
QuickBooks
(assuming
each
business
files
a
separate
tax
return)?
a.
Purchase
a
separate
QuickBooks
license
for
each
company
you
need
to
set
up.
b.
Use
the
Advanced
Setup
to
go
through
the
EasyStep
interview
for
the
oldest
c.
Use
the
Advanced
Setup
to
go
through
the
EasyStep
interview
for
each
company
d.
Use
the
Advanced
Setup
to
go
through
the
EasyStep
Interview
for
the
largest
company
first,
and
then
choose
File
>
Add
a
separate
business
at
the
end
of
the
interview.
to
create
a
separate
company
file.
-
ANSUse
the
Advanced
Setup
to
go
through
the
EasyStep
interview
for
each
company
During
the
Advanced
Setup,
how
do
you
setup
a
new
account
that
is
not
on
the
default
list
of
accounts
during
the
EasyStep
Interview? a.
You
can't
add
accounts
that
are
not
on
the
QuickBooks
default
list.
Finish
the
interview
and
add
the
accounts
directly
to
the
Chart
of
Accounts.
b.
Click
Add
new
account
in
the
EasyStep
Interview.
c.
Click
Edit
Account
during
the
EasyStep
Interview.
d.
Select
Import
My
Chart
of
Accounts
during
the
EasyStep
Interview.
-
ANSYou
can't
add
accounts
that
are
not
on
the
QuickBooks
default
list.
Finish
the
interview
and
add
the
accounts
directly
to
the
Chart
of
Accounts.
You've
been
hired
by
a
company
that
started
in
1911.
They've
never
used
QuickBooks.
During
the
Advanced
Setup,
what
"Start
Date"
should
you
use
in
the
EasyStep
Interview?
a.
There
is
no
Start
Date
in
the
EasyStep
Interview.
b.
The
date
the
company
bought
QuickBooks.
c.
1911
d.
The
date
you
want
to
begin
tracking
the
company's
finances
in
QuickBooks.
-
ANSThe
date
you
want
to
begin
tracking
the
company's
finances
in
QuickBooks.
How
do
you
restore
a
company
file
from
a
backup
copy?
a.
Choose
File
>
Back
Up.
Then
click
the
Restore
from
Backup
button.
b.
Choose
File
>
Utilities
>
File
Operations
>
Restore.
c.
Choose
File
>
Open
or
Restore
Company.
Select
Restore
a
backup
copy
and
click
Next.
Choose
Local
or
Online
Backup
and
click
Next.
Select
the
file
to
restore
and
click
Open.
Choose
where
to
restore
the
file
to
and
click
Save.
d.
Click
the
Restore
icon
on
the
Home
page.
click
Next.
-
ANSChoose
File
>
Open
or
Restore
Company.
Select
Restore
a
backup
copy
and
click
Next.
Choose
Local
or
Online
Backup
and
click
Next.
Select
the
file
to
restore
and
click
Open.
Choose
where
to
restore
the
file
to
and
click
Save.
Which
of
the
following
is
NOT
a
backup
option
in
QuickBooks?
a.
Manually
back
up
the
file.
b.
Automatically
back
up
the
data
file
when
closing
QuickBooks.
c.
Schedule
an
unattended
backup
d.
All
of
the
above
are
QuickBooks
backup
options.
-
ANSAll
of
the
above
are
QuickBooks
backup
options.
Why
would
you
restore
a
data
file
from
the
backup
file? a.
You
wish
to
review
the
company
data
as
it
stood
at
an
earlier
date.
b.
The
company
data
file
on
your
hard
drive
is
damaged
and
cannot
be
used.
c.
Your
computer
crashed.
You
reloaded
QuickBooks,
and
now
you
are
ready
to
open
the
company
file.
d.
All
of
the
above.
-
ANSAll
of
the
above
How
do
you
switch
to
Multi-User
Mode?
a.
Choose
Company
>
Set
Up
Users
and
Passwords
>
Set
Up
Users
from
the
b.
Open
the
data
file
from
a
remote
location.
c.
Choose
Edit
>
Preferences
>
Multi-User
from
the
menu.
d.
Choose
File
>
Switch
to
Multi-user
Mode
from
the
menu.
-
ANSChoose
File
>
Switch
to
Multi-user
Mode
from
the
menu.
If
you
choose
to
remove
transactions
as
of
a
specific
date
from
the
"Condense
Data"
window,
what
does
QuickBooks
do?
a.
Removes
all
payroll
transactions
that
occurred
on
that
date.
This
is
a
great
way
to
fix
the
mistakes
a
new
person
made
on
a
particular
day.
b.
Removes
all
transactions
while
leaving
lists,
preferences,
and
service
subscriptions
intact.
c.
Changes
the
company's
start
date.
d.
Deletes
all
transactions,
as
well
as
user
passwords
and
access
privileges.
-
ANSRemoves
all
transactions
while
leaving
lists,
preferences,
and
service
subscriptions
intact.
What
happens
when
you
press
F2
in
QuickBooks?
a.
Nothing,
because
function
keys
are
not
designed
to
work
with
QuickBooks.
b.
QuickBooks
opens
the
Help.
c.
QuickBooks
opens
the
Product
Information
window
which
includes
version
and
company
file
information.
d.
QuickBooks
closes
all
windows.
-
ANSQuickBooks
opens
the
Product
Information
window
which
includes
version
and
company
file
information.
When
would
you
enter
a
journal
entry?
a.
To
correct
errors
(if
you
have
a
strong
accounting
background)
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