QBO ProAdvisor Exam; Questions with Complete
Solutions 100% Verified
A new client has asked you to review their QuickBooks Online company, which was set up by
their previous bookkeeper.You start by looking at the Client Overview screen. If QuickBooks
Online was set up correctly, what figure should you expect to see in the Opening balance equity
account balance? Correct answer-A balance of zero
For clients with a QuickBooks Online Plus account, what's the maximum number of billable
users? Correct answer-5 users & 2 accountants
With our ProAdvisor Preferred Pricing, what percentage discount off the list price of a
QuickBooks Online subscription can you offer your clients? Correct answer-30%
Dianne runs a small bookkeeping practice. She has specifically decided to target service-based
solopreneurs and freelancers with no current need to track accounts receivable, accounts
payable, or payroll. Correct answer-Self-Employed
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?
Correct answer-Plus (Inventory is the key here)
Your client has been using the QuickBooks Online Mileage Tracker throughout the year.
, QBO ProAdvisor Exam; Questions with Complete
Solutions 100% Verified
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?
Correct answer-Calculated mileage, any vehicle changes, that 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? Correct answer-Via email,
unless you unchecked Notify client. In My Accountant in their QBO company
You want to add an app to your firm's books in QuickBooks Online Accountant. Which 2 levels of
account user can add apps? Correct 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? Correct 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
When can you use the Reclassify transactions tool? Select all that apply. Correct answer-
To correct an insurance payment that has been miscategorized as an interest payment & To
reclassify a non-item transaction incorrectly posting to uncategorized income
Solutions 100% Verified
A new client has asked you to review their QuickBooks Online company, which was set up by
their previous bookkeeper.You start by looking at the Client Overview screen. If QuickBooks
Online was set up correctly, what figure should you expect to see in the Opening balance equity
account balance? Correct answer-A balance of zero
For clients with a QuickBooks Online Plus account, what's the maximum number of billable
users? Correct answer-5 users & 2 accountants
With our ProAdvisor Preferred Pricing, what percentage discount off the list price of a
QuickBooks Online subscription can you offer your clients? Correct answer-30%
Dianne runs a small bookkeeping practice. She has specifically decided to target service-based
solopreneurs and freelancers with no current need to track accounts receivable, accounts
payable, or payroll. Correct answer-Self-Employed
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?
Correct answer-Plus (Inventory is the key here)
Your client has been using the QuickBooks Online Mileage Tracker throughout the year.
, QBO ProAdvisor Exam; Questions with Complete
Solutions 100% Verified
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?
Correct answer-Calculated mileage, any vehicle changes, that 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? Correct answer-Via email,
unless you unchecked Notify client. In My Accountant in their QBO company
You want to add an app to your firm's books in QuickBooks Online Accountant. Which 2 levels of
account user can add apps? Correct 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? Correct 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
When can you use the Reclassify transactions tool? Select all that apply. Correct answer-
To correct an insurance payment that has been miscategorized as an interest payment & To
reclassify a non-item transaction incorrectly posting to uncategorized income
