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QuickBooks Online Certification Exam Bundle Questions With 100% Correct Answers
QuickBooks Online Certification Exam Bundle Questions With 100% Correct Answers
[Show more]QuickBooks Online Certification Exam Bundle Questions With 100% Correct Answers
[Show more]#Assume that quickbooks is now in single user mode. What does this mean? - ANSWER- only one user can access the data file 
 
The bank notified you that a customer's check you deposited has bounced. The customer did not have sufficient funds to cover the check. What should you do? - ANSWER- Record a...
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Add to cart#Assume that quickbooks is now in single user mode. What does this mean? - ANSWER- only one user can access the data file 
 
The bank notified you that a customer's check you deposited has bounced. The customer did not have sufficient funds to cover the check. What should you do? - ANSWER- Record a...
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? - ANSWER- Balance Sheet. Profit and Loss 
 
What are the main sections of the Profit & Loss? - ANSWER- Income, Cost of Goods...
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Add to carta 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? - ANSWER- Balance Sheet. Profit and Loss 
 
What are the main sections of the Profit & Loss? - ANSWER- Income, Cost of Goods...
Your client uses QuickBooks Online Simple Start. How many accountant users can your client invite? -ANSWER- 2 
 
Your client is moving out of state and wants you to do the monthly accounting in their data file. What would be the best reason to recommend converting to QuickBooks Online? -ANSWER- Onli...
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Add to cartYour client uses QuickBooks Online Simple Start. How many accountant users can your client invite? -ANSWER- 2 
 
Your client is moving out of state and wants you to do the monthly accounting in their data file. What would be the best reason to recommend converting to QuickBooks Online? -ANSWER- Onli...
Q: There are four types of products and services - ANSWER-A: Inventory, non-inventory, service, and bundle 
 
Q: You want to pass on some of your costs directly to customers in Quickbooks Online. You are able to assign a customer to a cost, but you cannot mark it billable. You need to make costs bil...
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Add to cartQ: There are four types of products and services - ANSWER-A: Inventory, non-inventory, service, and bundle 
 
Q: You want to pass on some of your costs directly to customers in Quickbooks Online. You are able to assign a customer to a cost, but you cannot mark it billable. You need to make costs bil...
While setting up a QuickBooks Online account, you accidentally entered the wrong company address. How would you fix this error? - ANSWER-Change it in Account and Settings window, which you can access by clicking the Gear icon and select Account and Settings. 
 
If you use QuickBooks Online Plus, how...
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Add to cartWhile setting up a QuickBooks Online account, you accidentally entered the wrong company address. How would you fix this error? - ANSWER-Change it in Account and Settings window, which you can access by clicking the Gear icon and select Account and Settings. 
 
If you use QuickBooks Online Plus, how...
Which 4 list types can be directly imported into QuickBooks Online from Excel? -ANSWER- Customers 
Products and services 
Vendors 
Chart of accounts 
 
Brian just completed a Client Needs Assessment and his client confirmed that she will require profitability tracking, and needs to create budgets an...
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Add to cartWhich 4 list types can be directly imported into QuickBooks Online from Excel? -ANSWER- Customers 
Products and services 
Vendors 
Chart of accounts 
 
Brian just completed a Client Needs Assessment and his client confirmed that she will require profitability tracking, and needs to create budgets an...
Which 4 list types can be directly imported into QuickBooks Online from Excel? -ANSWER- Customers 
Products and services 
Vendors 
Chart of accounts 
 
Brian just completed a Client Needs Assessment and his client confirmed that she will require profitability tracking, and needs to create budgets an...
Preview 2 out of 8 pages
Add to cartWhich 4 list types can be directly imported into QuickBooks Online from Excel? -ANSWER- Customers 
Products and services 
Vendors 
Chart of accounts 
 
Brian just completed a Client Needs Assessment and his client confirmed that she will require profitability tracking, and needs to create budgets an...
You've just been hired as a bookkeeper, and the company's QuickBooks is a mess. There are many list entries that are duplicates. You decide to merge list entries to clean up the lists. Which of the following statements is true about merging? - ANSWER-You can only merge names from the same type. 
 ...
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Add to cartYou've just been hired as a bookkeeper, and the company's QuickBooks is a mess. There are many list entries that are duplicates. You decide to merge list entries to clean up the lists. Which of the following statements is true about merging? - ANSWER-You can only merge names from the same type. 
 ...
Lists in QuickBooks Online are used for storing information about your accounts, products, and services - ANSWER-True 
 
You should always back up your data files to your computer when using QuickBooks Online. - ANSWER-False 
 
If you get a new computer, you will need to reinstall QuickBooks Online ...
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Add to cartLists in QuickBooks Online are used for storing information about your accounts, products, and services - ANSWER-True 
 
You should always back up your data files to your computer when using QuickBooks Online. - ANSWER-False 
 
If you get a new computer, you will need to reinstall QuickBooks Online ...
You are adding a new customer to Quickbooks Online. You are working in the New You own Customer Information form. For each statement about the Display name as a field, write True or False: 
 
2-The display name must be unique. - ANSWER-False 
 
You are adding a new customer to Quickbooks Online. You...
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Add to cartYou are adding a new customer to Quickbooks Online. You are working in the New You own Customer Information form. For each statement about the Display name as a field, write True or False: 
 
2-The display name must be unique. - ANSWER-False 
 
You are adding a new customer to Quickbooks Online. You...
What? -ANSWER- Every business, large or small, has a variety of parts. You need to find our what they are in order to best discuss QBO functionality and benefits with them, 
 
When? -ANSWER- How often do they run reports? What are their internal and external deadlines? All of your clients will have ...
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Add to cartWhat? -ANSWER- Every business, large or small, has a variety of parts. You need to find our what they are in order to best discuss QBO functionality and benefits with them, 
 
When? -ANSWER- How often do they run reports? What are their internal and external deadlines? All of your clients will have ...
They can provide a discount on QuickBooks Online 
 
They can help to speed up the performance of QuickBooks Online 
 
They are all included free with your QuickBooks Online subscription 
 
-They can solve industry-specific needs 
 
Where are 2 places you can search for apps that work with QuickBooks...
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Add to cartThey can provide a discount on QuickBooks Online 
 
They can help to speed up the performance of QuickBooks Online 
 
They are all included free with your QuickBooks Online subscription 
 
-They can solve industry-specific needs 
 
Where are 2 places you can search for apps that work with QuickBooks...
Which three tasks can you perform when using Bank Feeds in the Banking area? (Choose 3) - ANSWER-A. Issue a Stop Payment request for a check 
B. Match transactions entered in Quickbooks to the bank information as they clear the bank. 
D. Unreconcile a previously cleared transaction 
 
Move each fin...
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Add to cartWhich three tasks can you perform when using Bank Feeds in the Banking area? (Choose 3) - ANSWER-A. Issue a Stop Payment request for a check 
B. Match transactions entered in Quickbooks to the bank information as they clear the bank. 
D. Unreconcile a previously cleared transaction 
 
Move each fin...
How many points does your firm need to reach the platinum tier of the ProAdvisor® program? -ANSWER- 800 
 
Which Intuit product allows you to manage your clients and your practice all in one place? -ANSWER- QB Accountant 
 
Which of the following items can you access from the Your Practice area?(Se...
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Add to cartHow many points does your firm need to reach the platinum tier of the ProAdvisor® program? -ANSWER- 800 
 
Which Intuit product allows you to manage your clients and your practice all in one place? -ANSWER- QB Accountant 
 
Which of the following items can you access from the Your Practice area?(Se...
What is the recommended browser for QuickBooks Online? - ANSWER-Chrome 
 
When looking at the dashboard, which of these will you find? - ANSWER-Invoices, Expenses, & Sales 
 
You need to locate a transaction that was previously entered, where do you go? - ANSWER-Search icon 
 
List the 5 QuickBooks ...
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Add to cartWhat is the recommended browser for QuickBooks Online? - ANSWER-Chrome 
 
When looking at the dashboard, which of these will you find? - ANSWER-Invoices, Expenses, & Sales 
 
You need to locate a transaction that was previously entered, where do you go? - ANSWER-Search icon 
 
List the 5 QuickBooks ...
When entering a credit card for use for purchases, which piece of information is typically not entered? - ANSWER-Credit card number 
 
Which vendor report shows what is owed to each vendor? - ANSWER-Unpaid bills 
 
When entering a bill, what can pop up on the right side of the screen when a vendor i...
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Add to cartWhen entering a credit card for use for purchases, which piece of information is typically not entered? - ANSWER-Credit card number 
 
Which vendor report shows what is owed to each vendor? - ANSWER-Unpaid bills 
 
When entering a bill, what can pop up on the right side of the screen when a vendor i...
Why are GAAP rules and standards important? - ANSWER-They ensure organizations follow consistent financial reporting. 
 
What accounting method records income when it's received and records an expense when it's paid? - ANSWER-Cash 
 
How do you analyze the net worth of a business? - ANSWER-Create ...
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Add to cartWhy are GAAP rules and standards important? - ANSWER-They ensure organizations follow consistent financial reporting. 
 
What accounting method records income when it's received and records an expense when it's paid? - ANSWER-Cash 
 
How do you analyze the net worth of a business? - ANSWER-Create ...
1x sold
Company Admin -ANSWER -this role is only available in QBO Advanced 
 
Custom user -ANSWER -This role is only available in QBO Advanced 
Has specific access to areas in QBO 
 
Standard user -ANSWER -In all versions of QBO, this role can be set to specific levels of access 
 
Close the Books feature'...
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Add to cartCompany Admin -ANSWER -this role is only available in QBO Advanced 
 
Custom user -ANSWER -This role is only available in QBO Advanced 
Has specific access to areas in QBO 
 
Standard user -ANSWER -In all versions of QBO, this role can be set to specific levels of access 
 
Close the Books feature'...
1) Shows assets, liabilities, and equity at one point in time 
2) Used to understand changes in revenues and expenditures 
3) Shows income, expenses, and net income during a specific time period 
4) Provides information about the current financial health of a business -ANSWER -1) Balance sheet 
2...
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Add to cart1) Shows assets, liabilities, and equity at one point in time 
2) Used to understand changes in revenues and expenditures 
3) Shows income, expenses, and net income during a specific time period 
4) Provides information about the current financial health of a business -ANSWER -1) Balance sheet 
2...
You've signed up a new client who has been using QuickBooks Online. 
Which 4 sections of the Overview screen can help you perform a high-level review of their books? - ANSWER-Transaction Volume 
Company Setup 
Common Issues 
Banking Activity 
 
Which section in the New Client Checklist helps you un...
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Add to cartYou've signed up a new client who has been using QuickBooks Online. 
Which 4 sections of the Overview screen can help you perform a high-level review of their books? - ANSWER-Transaction Volume 
Company Setup 
Common Issues 
Banking Activity 
 
Which section in the New Client Checklist helps you un...
4. Sign in using QBO account information 
5. Continue 
6. The user will be added to your list of clients 
 
The Opening Balance Equity account should always be zero. If you see a balance here, it's mostly likely because an amount was entered in the opening balance field when? -ANSWER -during the cr...
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Add to cart4. Sign in using QBO account information 
5. Continue 
6. The user will be added to your list of clients 
 
The Opening Balance Equity account should always be zero. If you see a balance here, it's mostly likely because an amount was entered in the opening balance field when? -ANSWER -during the cr...
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