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QuickBooks Online Certification Prep Exam Questions and Answers CA$12.26   Add to cart

Exam (elaborations)

QuickBooks Online Certification Prep Exam Questions and Answers

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  • Course
  • Quickbooks online
  • Institution
  • Quickbooks Online

If QuickBooks Online was set up correctly, what figure should you expect to see in the Opening balance equity account balance? - Answer-A balance of zero For clients with a QuickBooks Online Plus account, what's the maximum number of billable users? - Answer-5 Your client needs a QuickBooks O...

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  • October 3, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Quickbooks online
  • Quickbooks online
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QuickBooks Online Certification Prep
Exam Questions and Answers
If QuickBooks Online was set up correctly, what figure should you expect to see in the
Opening balance equity account balance? - Answer-A balance of zero

For clients with a QuickBooks Online Plus account, what's the maximum number of
billable users? - Answer-5

Your client needs a QuickBooks Online solution that includes tracking for:
Sales
Sales tax
Inventory

What is the minimum subscription level in QuickBooks Online you would recommend? -
Answer-Plus

Your client has been using the QuickBooks Online Mileage Tracker throughout the year.
It's nearing year end and you are preparing the log for auto expense deduction.
Which 3 of these things should you check for auto expense deductions at year end? -
Answer-Calculated mileage
Any vehicle changes
T-hat all trips have been reviewed

You need your client to send you a copy of a paper receipt so that you can match it to a
gas expense in their QuickBooks Online.
You create a client request and add a screenshot of the expense entry in QuickBooks
Online to help your client identify which receipt they're looking for.
Which are 2 places where your client can see this request? - Answer-My Accountant
Email

You want to add an app to your firm's books in QuickBooks Online Accountant.
Which 2 levels of account user can add apps? - Answer-Full access team user
Firm primary admin

While preparing your client's books for year end, you find some transactions that may
not have been appropriately recorded.
In which 2 of these cases could you use the Reclassify transactions tool? - Answer-To
change the expense account for billable expenses, but not the income account for the
related income transactions
To change the class and/or location for invoices, sales receipts, checks, or bills with
items (products or services) on them

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