QBO Certification Exam; Questions with Complete Solutions 100% Verified
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Course
QBO Certificaiton
Institution
QBO Certificaiton
QBO Certification Exam; Questions with Complete
Solutions 100% Verified
Available in the company settings, what are the two options for categorizing sales and expenses
into different locations and departments of a business Correct answer-Classes
& locations
Can you delete or make inactive ...
QBO Certification Exam; Questions with Complete
Solutions 100% Verified
Available in the company settings, what are the two options for categorizing sales and expenses
into different locations and departments of a business Correct answer-Classes
& locations
Can you delete or make inactive something on a list if it has a balance. (e.g. Customer, Vendor,
or Stock Product, Account)? Correct answer-Yes, QuickBooks will automatically create a
transaction to make the balance zero.
How do you display the list of shortcut keys on QuickBooks? Correct answer-Ctrl, Alt, ?
How do you find the company settings in QuickBooks? Correct answer-Click the GEAR
Icon on the home page and select Account and Settings
If you DON'T download bank transactions, how do you enter a business lunch paid for with the
company debit card? Correct answer-If you DON'T download bank transactions, how do
you enter a business lunch paid for with the company debit card?
If you don't want the home page to display sensitive financial information, what can be done
about it? Correct answer-Turn on privacy mode from the homepage
If you make a customer with an unpaid balance inactive, what happens to the open balance?
Correct answer-QuickBooks creates a Journal Entry to write off the balance as Bad Debt
, QBO Certification Exam; Questions with Complete
Solutions 100% Verified
If you use QBO Plus, how do you charge a customer for expenses you incurred on a project?
Correct answer-When entering the expense, enter the customer name and select the
billable checkbox
Name the major sections of the Balance Sheet that correspond to the account Equation
Correct answer-Assets, Liability, and Equity
Place the steps to set up QuickBooks to automatically email a report in the correct order
Correct answer-1. Click "Save Customizations"
2. Click the reports tab and select the "My Custom Reports" Tab
3. Next to the report you want QuickBooks to email, click Edit
4. Set up the details of the email schedule
Privacy mode does not display sensitive financial information? Correct answer-True
Put the 2 steps for customizing an invoice in the correct order Correct answer-1. Click on
the Gear Icon
2. Select custom styles
Put the 2 steps for entering a vendor credit and using it when you pay the bill in the correct
order Correct answer-1. Click the Global + button
2. Select Vendor Credit
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