100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
QuickBooks Online 2024 Practice Exam 2 Training Questions with Correct Answers CA$18.04   Add to cart
Quickly navigate to
Preview
  2.  
  3. Quickbooks Online
  4.  
  5. Quickbooks online

Exam (elaborations)

QuickBooks Online 2024 Practice Exam 2 Training Questions with Correct Answers
 6 views  0 purchase
  • Course
  • Quickbooks online
  • Institution
  • Quickbooks Online

What should you do if you drive past your exit on an interstate highway? - Answer-If you drive past the exit where you wanted to leave an interstate highway, you should: Go on to the next exit. As you are preparing to turn right at an intersection, you should: Slow down to a safe turning speed. ...

[Show more]

Preview 2 out of 6  pages

Document information

  • October 3, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • quickbooks online 2024 practice exam 2 training qu
  • what should you do if you drive past your exit on

Written for

  • Quickbooks online
  • Quickbooks online

Seller

avatar-seller
lectknancy

Reviews received

Content preview

QuickBooks Online 2024 Practice Exam
2 Training Questions with Correct
Answers
What should you do if you drive past your exit on an interstate highway? - Answer-If you
drive past the exit where you wanted to leave an interstate highway, you should: Go on
to the next exit. As you are preparing to turn right at an intersection, you should: Slow
down to a safe turning speed.

Where should you move your vehicle if you break down while driving on the highway? -
Answer-Florida law requires you to Move Over a lane — when you can safely do so —
for stopped law enforcement, emergency, sanitation, and utility service vehicles, tow
trucks or wreckers, and maintenance or construction vehicles with displayed warning
lights without advanced signs or channelizing devices.

Which two features are benefits of QuickBooks Online Plus not available in QuickBooks
Online Self-employed, Simple Start, or Essentials? (Choose 2) - Answer--Track
Profitability by Project
-Track Inventory

You want to migrate a company to QuickBooks Online.Move the migration steps on the
left to their proper order on the right. - Answer-step 1. in QB log in as admin to the
company file you need to import
step2. go to the company menu, then select export file to QB online
step3. Select get started
step4. click select destination, then sign in to the QB online account

Can edit - Answer-The Company tab is where you can view and edit company
information, specifically;*
Company Name*
Company Address*
Contact Info*
Employer Identification Number (EIN)

cannot edit - Answer-company products
service price list

project tracking - Answer-monitors income and expenses for a time-limited job or
program without the need to set up a new code.

location tracking - Answer-can report sales, purchases, and profitability by business
department, office, region, or geographic structure.

, class tracking - Answer-can assign each line item of purchases from a bill to a different
code.

Class, Location, and Project Tracking are available in all versions of Quickbooks Online
- Answer-no

To fully activate Project Tracking, class codes must be setup. - Answer-no

Class, Location, and Project tracking are activated by changing Off to On in the
Advanced tab of Account and Settings - Answer-yes

QuickBooks Online allows users to enter budgets for each project and to view Budget
Vs. Actual reports. - Answer-yes

Which three lists can be imported into QuickBooks Online? - Answer-customers
chart of accounts
vendors
anddd products and services

chart of accounts - Answer-All of the accounts to track financial information, such as
Accounts Payable, Accounts Receivable, Opening Balance Equity, Payroll Expense,
Payroll Liability, Retained Earnings, etc. are on the Chart of Accounts.

item - Answer-Product or Service name, description, price, SKU, and any custom fields
are found on the Item List.

customer list - Answer-Buyer names, contact information, billing addresses, and
payment terms are found on the Customer List.

vendor list - Answer-Supplier names, contact information, billing addresses, and
payment terms are found on the Vendor List.

Change the price of the Faust book to 7.99. - Answer-click edit by the faust name
click the price/rate field
type 7.99
click save and close

In QuickBooks Online, what are the three types of recurrance? - Answer-scheduled
unscheduled
reminder

Which two situations would require that you implement journal entries? (Choose 2). -
Answer--entering debits and credits manually
-transferring money between income and expense accounts

What is the purpose of QuickBooks Online apps? - Answer-Enhance functionality

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller lectknancy. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$18.04. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75323 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$18.04
  • (0)
  Add to cart