QUICKBOOKS PROADVISOR
CERTIFICATION PRACTICE EXAM
NEWEST ACTUAL EXAM COMPLETE
QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) |
ALREADY GRADED A+
Which 2 QuickBooks Online billing options include a discount on QuickBooks Time?
A. ProAdvisor discount
B. Direct discount
C. Revenue share Correct Answer A. ProAdvisor discount
B. Direct discount
Where would you go to enable account numbering in the chart of accounts?
A. The Chart of accounts tab in Account and Settings
B. The Customization option from Accountant Tools
C. The Advanced tab in Account and Settings
D. The Enable account numbers slider from the Chart of Accounts screen Correct
Answer C. The Advanced tab in Account and Settings
A client tells you they can't convert an estimate to a purchase order.
Which 2 of these might be the reason?
A. They haven't added QuickBooks Payments to their company
B. They use QuickBooks Online Simple Start or Essentials
C. They haven't enabled purchase orders in Account and Settings
D. They're not set up as Company admin
E. The estimate hasn't been sent Correct Answer B. They use QuickBooks Online
Simple Start or Essentials
C. They haven't enabled purchase orders in Account and Settings
Which feature in QuickBooks Online allows you to apply a refund to an existing or future
bill?
A. Delayed charge
B. Vendor credit
C. Delayed credit
D. Credit memo Correct Answer B. Vendor credit
How could a client move funds from a savings account into a checking account?
,A. That kind of transaction can only be created and recorded by an accountant via
Accountant Tools in QuickBooks Online Accountant
B. By using the Transfer feature by selecting + New, then Transfer, and entering the
details
C. By using the Receive payment feature by selecting + New, then Receive payment
and selecting Checking in the Deposit to field
D. By navigating to the Banking center, selecting Add transfer, and entering the details
Correct Answer B. By using the Transfer feature by selecting + New, then Transfer, and
entering the details
One of your retail clients has had a store for about 2 years and, due to demand, is
hoping to open a second store. They've asked you how much money they can afford to
spend.
Which report would you suggest they use?
A. Profit and Loss report
B. Balance Sheet report
C. Expenses by Vendor Summary report
D. Accounts Payable (A/P) report Correct Answer B. Balance Sheet report
A client who pays for their QuickBooks Online subscription directly wants to upgrade
their subscription level.
Where in QuickBooks Online Accountant would you find the link to do this?
A. In the Subscriptions and billing section, on the Accountant-billed subscriptions tab
B. In the Clients menu from the left-hand navigation, under the Actions column
C. In the Subscriptions and billing section, on the Client-billed subscriptions tab
D. In the Accountant Tools panel, under Quick Links Correct Answer C. In the
Subscriptions and billing section, on the Client-billed subscriptions tab
Your client has been using the QuickBooks Online Mileage Tracker throughout the year.
It's nearing year end and you're preparing the log for auto expense deduction.
Which 3 of the tasks below should be completed to prepare the log for auto expense
deductions at year end?
A. Look for vehicle changes (bought or sold)
B. View all the recorded trips, ensuring none are left unreviewed
C. Set the dollar rate per mile manually
D. Check the calculated mileage
E. Reconcile the Reimbursable mileage account Correct Answer A. Look for vehicle
changes (bought or sold)
B. View all the recorded trips, ensuring none are left unreviewed
D. Check the calculated mileage
Which of these statements about estimates in QuickBooks Online Plus and Advanced
are true? Select all that apply.
A. Estimates are posting transactions
B. Estimate data can be used to create a purchase order
C. Estimate data can be used to create a vendor credit
,D. Estimate data can be used to create an invoice Correct Answer B & D
Which billing options allow clients to pay their QuickBooks Online subscription fees
directly themselves? Select all that apply.
A. ProAdvisor discount
B. Revenue share
C. Direct discount
D. Only clients who sign up for QuickBooks Online themselves are billed directly Correct
Answer B & C
Which of the following are benefits of using QuickBooks Time? Select all that apply.
A. It offers easy access to timesheets anywhere
B. It automates the 1099 filing process
C. It allows administrators to schedule the work of the business
D. It offers specific time-related reports
E. It allows employees to manage each other's timesheets Correct Answer A, C, D
Which option from the left-hand navigation would you select to locate the Client
onboarding template?
A. Apps
B. Work
C. Team
D. ProAdvisor Correct Answer B. Work
Which of the following options is NOT true regarding editing a chart of accounts?
A. Account numbers can be up to 20 digits long
B. All transactions are deleted from an account if you make it inactive
C. Merging accounts isn't possible for all account types
D. You can make an account active once it has been made inactive Correct Answer B.
All transactions are deleted from an account if you make it inactive
Where can you go to import a customer list into QuickBooks Online? Select all that
apply.
A. Customer types, then select Import customers
B. The Gear icon, then select Import data
C. The Gear icon, then select Account and settings
D. New customer, then select Import customers
E. The down arrow by New customer, then select Import customers Correct Answer B &
E
Which of the following statements about adding sub-categories to the product and
services list are correct? Select all that apply.
A. You can only add 1 sub-category level to a product category
B. You can edit existing product/service items to assign them to a sub-category
C. You can only add up to 4 category and sub-category levels, including the parent
D. You can create a sub-category when you're setting up a new product/service item
, E. You can only assign a product or service item to a sub-category when you're setting
it up for the first time Correct Answer B. You can edit existing product/service items to
assign them to a sub-category
C. You can only add up to 4 category and sub-category levels, including the parent
You can only add a product sub-category when you select New category from the
Product Categories list. Once you've created a sub-category, you can assign new and
existing product/service items to it.
What should you select to remove a vendor from the list?
A. The Delete option from the dropdown in the Action column
B. The Delete button from the Vendor information screen
C. The Make inactive option from the down arrow next to the New vendor button
D. The Make inactive option from the dropdown in the Action column Correct Answer D.
The Make inactive option from the dropdown in the Action column
One of your clients asks you to give a new employee access to QuickBooks Online. The
employee will be dealing with all aspects of the business, including payroll, but they
shouldn't have any admin privileges.
What user type should you choose when you add the employee?
A. Company admin
B. Primary admin
C. Standard all access
D. Standard limited access Correct Answer C. Standard all access
Who can add apps to client company accounts?
A. Only the primary admin can add apps to a company account
B. Anyone with access to apps.com can add apps
C. Anyone with access to the company account can add apps, but only Admin users
can add Premium Apps
D. Only Admin users can add apps to a company account Correct Answer D. Only
Admin users can add apps to a company account
Which of the following statements about adding a new custom field in QuickBooks
Online Plus are correct? Select all that apply.
A. You can add the same custom field to sales forms and purchase orders
B. You can add up to 3 custom fields to sales forms and purchases orders
C. Custom fields are included on printed and emailed forms by default
D. You can add a custom field to either sales forms or purchase orders, but not both
E. You can add up to 12 custom fields to sales forms, but only 3 to purchase orders
Correct Answer A. You can add the same custom field to sales forms and purchase
orders
B. You can add up to 3 custom fields to sales forms and purchases orders
Which of these statements about estimates in QuickBooks Online Plus and Advanced
are true? Select all that apply.
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 or Stuvia-credit 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 TUTORWAC. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $22.99. You're not tied to anything after your purchase.
