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Exam (elaborations)

QuickBooks Certification 2024 Actual Questions with Verified Answers, 100% Guarantee Pass

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  • Course
  • QuickBooks
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  • QuickBooks

QuickBooks Certification 2024 Actual Questions with Verified Answers, 100% Guarantee Pass

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  • September 3, 2024
  • 15
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • QuickBooks
  • QuickBooks
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TIPSCORE
Quickbooks Certification.pdf file:///C:/Users/HP/Desktop/SSSSSSS/Quickbooks%20Certification




Quickbooks Certification Exam


1. Why must you set deposit frequencies for the taxes or deductions your company has

to pay (Payroll Liabilities)?

ANS So that Payroll Liabilities show yp inthe Pay Taxes & Other Liabilities list in the Payroll

Center

2. What are the first two steps to set up payroll in Quickbooks?

ANS 1) Sign up fora payroll services; and 2) complete the Payroll Setup Interview

3. What are the 2 main Financial Statements you can run from the "Companyand

Financial" category of reports?

ANS Balance Sheet. Profit and Loss

4. What are the main sections of the Profit & Loss?

ANS Income, Cost of Goods Sold,and Expenses

5. How do you move columns on a report?

ANS Move your cursors over the columnheading, and when it becomes a hand, click and drag

the column to the desired position.

6. How do you create a memorized group of reports?
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,Quickbooks Certification.pdf file:///C:/Users/HP/Desktop/SSSSSSS/Quickbooks%20Certification




ANS Open the MemorizedReport List and then Click Memorized Report > New Group

7. What happens if you double-click a diamond on a report column?

ANS None ofthe above

8. Which of the following reports answers the question "What transactionsmake up

the current balance I owe each Vendor"?

ANS Vendor Balance Detail

9. You sent Quickbooks a report to Excel and made some changes. How do you import the

changes back to Quickbooks?

ANS You can't import changes in Excelback to Quickbooks.

10. You've been hired by a company that started in 1911.They've never usedQuickBooks.

During the Advanced/Detailed Setup, what "State Date" shouldyou use in the EasyStep

Interview?

ANS The date you want to begin tracking the company's finances in Quickbooks.

11. Which of the following CANNOT be entered during the setup of a new com-pany

(Express Start or Advanced/Detailed Setup) file?

ANS Trial Balance opening balances

12. How do you customize Quickbooks by changing the color scheme and adding or

removing icons from the Home page?
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