Exam (elaborations)

QUICKBOOKS PROADVISOR CERTIFICATION EXAM NEWEST ACTUAL EXAM COMPLETE ALL 200 QUESTIONS AND CORRECT ANSWERS |ALREADY GRADED A+// LATEST 2024/2025

1 purchase

Module
QUICKBOOKS PROADVISOR CERTIFICATION

Institution
QUICKBOOKS PROADVISOR CERTIFICATION

[Show more]

Preview 4 out of 84 pages

View example

Uploaded on August 28, 2024
Number of pages 84
Written in 2024/2025
Type Exam (elaborations)
Contains Questions & answers

quickbooks proadvisor
quickbooks proadvisor certification exam newest
quickbooks proadvisor certification exam
quickbooks proadvisor certification
quickbooks proadvisor certification exam

Institution QUICKBOOKS PROADVISOR CERTIFICATION
Module QUICKBOOKS PROADVISOR CERTIFICATION

£19.19

Add to cart

Add to wishlist

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached

QUICKBOOKS PROADVISOR CERTIFICATION
EXAM NEWEST ACTUAL EXAM COMPLETE
ALL 200 QUESTIONS AND CORRECT ANSWERS
|ALREADY GRADED A+// LATEST 2024/2025

Where would you go to view a list of customer statements sent out in the current
month?

A. Customers center > Arrow next to New customer > View statements
B. Gear icon > All lists > Customer statements
C. Reports center > Statement List report
D. + New > Statement > View all - ANSWER-C. Reports center > Statement List
report

What 4 pieces of information does QuickBooks Online with Automated sales tax
use to calculate sales tax on an invoice?

A. The customer's payment terms
B. The customer's sales tax status
C. The quantity of the product or service still on hand
D. The tax category for the product or service
E. The location of the sale

,F. The state where the company's registered - ANSWER-B. The customer's sales
tax status
D. The tax category for the product or service
E. The location of the sale
F. The state where the company's registered

Which 3 of these statements are true about the "Forward from email" option?

A. Users can only include one bill or receipt in one email
B. Multiple users can forward bills and receipts to the same custom email address
C. There's only one custom email address per QuickBooks Online company that
can be used to receive bills and receipts
D. Only PDF-format bills and receipts can be forwarded
E. Only company users with at least standard access with vendor permission can
forward bills to the custom email address - ANSWER-B. Multiple users can
forward bills and receipts to the same custom email address
C. There's only one custom email address per QuickBooks Online company that
can be used to receive bills and receipts
E. Only company users with at least standard access with vendor permission can
forward bills to the custom email address

Which 2 of these common issues does the Pay down credit card feature help to
resolve?
A. Duplicate entries
B. Payments categorized to the wrong account
C. Payments being recorded as paid by check
D. Payments being recorded as an expense on the balance sheet - ANSWER-A.
Duplicate entries

,B. Payments categorized to the wrong account

What should you do if you notice a duplicate transaction in the bank feed?
A. Exclude the transaction
B. Nothing. It's OK to have duplicate transactions in the bank feed because
QuickBooks Online will ignore them during reconciliation
C. Add an adjusting journal entry
D. Nothing. QuickBooks Online will automatically detect and delete the duplicate
transaction - ANSWER-A. Exclude the transaction

Which 3 statements about how QuickBooks Online applies bank rules are true?
A. All rules are applied to each bank activity
B. Only one rule is applied per bank activity
C. The first rule that fits a bank activity is the one applied
D. Credit rules are applied before debit rules
E. Reordering the rules list allows you to control which rule to apply - ANSWER-
B. Only one rule is applied per bank activity
C. The first rule that fits a bank activity is the one applied
E. Reordering the rules list allows you to control which rule to apply

In which 4 of these situations would you use the Additional payments to deposit on
a Deposit transaction?

A. The client receives a refund from a tax agency and needs to record it to reduce
the Tax Liability or Expense account
B. The client receives a refund from a vendor and wants to record it directly
against the associated expense account

, C. The client doesn't record income using sales transactions (invoices or sales
receipts) and wants to record deposits directly to income accounts
D. The client receives funds from loan proceeds or contributions of cash from
owners
E. The client receives a partial payment from a customer against an open invoice
F. The client receives a deposit from a customer for future purchases - ANSWER-
A. The client receives a refund from a tax agency and needs to record it to reduce
the Tax Liability or Expense account
B. The client receives a refund from a vendor and wants to record it directly
against the associated expense account
C. The client doesn't record income using sales transactions (invoices or sales
receipts) and wants to record deposits directly to income accounts
D. The client receives funds from loan proceeds or contributions of cash from
owners

How would QuickBooks Online alert you to a discrepancy in the beginning
balance when reconciling your clients' accounts?
A. An error message will be displayed once the reconciliation has been completed
B. The account to be reconciled will be grayed out in the Account to reconcile
dropdown
C. An alert will be displayed in the reconcile tab, stating that the account isn't
ready to be reconciled yet because the beginning balance is off - ANSWER-C. An
alert will be displayed in the reconcile tab, stating that the account isn't ready to be
reconciled yet because the beginning balance is off

In classic view, where would you go to make negative numbers in a report appear
in a red color?
A. 1: The Customize button and then the General section
B. 1: The Customize button and then the Filter section
C. 2: The Show non-zero or active only dropdown

The benefits of buying summaries with Stuvia:

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

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

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 winnieelizabeth424. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £19.19. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

69411 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 15 years now

Start selling