QUICKBOOKS PROADVISOR CERTIFICATION Exam Newest Actual Exam Complete All 80 Questions and Correct Detailed Answers
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QUICKBOOKS PROADVISOR CERTIFICATION
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QUICKBOOKS PROADVISOR CERTIFICATION
Why must you set deposit frequencies for the taxes or deductions your company has to pay (Payroll Liabilities)? -Correct Answer 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? -Corre...
QUICKBOOKS PROADVISOR CERTIFICATION EXAM NEWEST 2024-2025 ACTUAL EXAM
QUICKBOOKS PROADVISOR CERTIFICATION Exam Newest
2024-2025 Actual Exam Complete All 80 Questions and
Correct Detailed Answers
Why must you set deposit frequencies for the taxes or deductions your company has to
pay (Payroll Liabilities)? -Correct Answer ✔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? -Correct Answer ✔1) Sign
up for a payroll services; and 2) complete the Payroll Setup Interview
What are the 2 main Financial Statements you can run from the "Company and
Financial" category of reports? -Correct Answer ✔Balance Sheet. Profit and Loss
What are the main sections of the Profit & Loss? -Correct Answer ✔Income, Cost of
Goods Sold, and Expenses
How do you move columns on a report? -Correct Answer ✔Move your cursors over the
column heading, and when it becomes a hand, click and drag the column to the desired
position.
How do you create a memorized group of reports? -Correct Answer ✔Open the
Memorized Report List and then Click Memorized Report > New Group
What happens if you double-click a diamond on a report column? -Correct Answer
✔None of the above
Which of the following reports answers the question "What transactions make up the
current balance I owe each Vendor"? -Correct Answer ✔Vendor Balance Detail
You sent Quickbooks a report to Excel and made some changes. How do you import
the changes back to Quickbooks? -Correct Answer ✔You can't import changes in Excel
back to Quickbooks.
You've been hired by a company that started in 1911. They've never used QuickBooks.
During the Advanced/Detailed Setup, what "State Date" should you use in the EasyStep
Interview? -Correct Answer ✔The date you want to begin tracking the company's
finances in Quickbooks.
Which of the following CANNOT be entered during the setup of a new company
(Express Start or Advanced/Detailed Setup) file? -Correct Answer ✔Trial Balance
opening balances
QUICKBOOKS PROADVISOR CERTIFICATION EXAM NEWEST 2024-2025 ACTUAL EXAM
, QUICKBOOKS PROADVISOR CERTIFICATION EXAM NEWEST 2024-2025 ACTUAL EXAM
How do you customize Quickbooks by changing the color scheme and adding or
removing icons from the Home page? -Correct Answer ✔Choose Edit > Preferences >
Desktop View
??? -Correct Answer ✔Click the Formatting Tab at the top of the form; then click
Customize Data Layout
You need to enter the same transaction each month (for example, an insurance
payment). How can you automate this process in Quickbooks? -Correct Answer ✔While
the transaction is on the screen, choose Edit > Memorize check (or the name of the
transaction).
How do you set up multiple users in QuickBooks Pro or Premier? -Correct Answer
✔Choose Company > Set Up Users and Passwords > Set Up Users
What is the maximum number of names that cab be included on he Names lists in
QuickBooks Pro or Premier? -Correct Answer ✔14,500
What keyboard shortcut allows you to see a total for all four names lists? -Correct
Answer ✔F2
What do the diamonds mean on certain lists (for example, the diamonds to the left of
each Customer: Job)? -Correct Answer ✔You can click on the diamond and move the
list entry to a different location on the list.
If you moved a list entry up or down, what happens when you add a new entry to the
list? -Correct Answer ✔Quickbooks adds new list entries to the top of the list, regardless
of alphabetic order.
How do you combine or merge two list entries? -Correct Answer ✔Rename the
unwanted list entry to match the name of the list entry you want to merge into.
What transaction/form do you begin with to enter a vendor credit? -Correct Answer
✔Enter Bill
What happens to the inventory asset account when you enter a purchase order for
inventory? -Correct Answer ✔No accounts are affected
When should you NEVER delete a check? -Correct Answer ✔You printed a check, and
the check number has been used.
How do you track accounts payable in QuickBooks? -Correct Answer ✔Enter a bill, and
then use the Pay Bills window.
QUICKBOOKS PROADVISOR CERTIFICATION EXAM NEWEST 2024-2025 ACTUAL EXAM
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