Quickbooks chapter 3 test Study guides, Class notes & Summaries
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QuickBooks Chapter 07 Test with Certified Solutions
- Exam (elaborations) • 4 pages • 2023
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QuickBooks Chapter 07 Test with 
Certified Solutions 
1.The Cost of Goods Sold in the Profit and Loss account increases when you sell a product. 
True 
2: There is no limit to the number of inventory products you can enter in QuickBooks Online. 
True 
3: The difference between the cost and the sales price is an expense. false 
4: You can verify goods were NOT received without applying the receipt of inventory to a 
purchase order. true 
5: QuickBooks Online can receive incomplete orders by leavi...
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QUICKBOOKS BUNDLED EXAMS(ALL CHAPTERS) WITH COMPLETE SOLUTIONS
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Intuit QuickBooks Certified User (QBCU) Exam with Complete Solutions

3
Exam (elaborations)
QuickBooks Chapter 1 Test with Complete Solutions 2024/25 Update

4
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QuickBooks Chapter 2 Test with Complete Solutions 2024/25 Update

5
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QuickBooks Chapter 2 Test with Complete Solutions 2024/25 Update

6
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QuickBooks Mayterm Chapter 3 Test; Questions with Complete Solutions 2024/25 Update
- Exam (elaborations) • 5 pages • 2024
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QuickBooks Mayterm Chapter 3 Test; 
Questions with Complete Solutions 2024/25 
Update 
1: The Navigation bar is where the link to the Sales center is located. True 
2: You can create a statement, receipt, invoice, or other transaction using the 
Action menu in the 
Sales center. True 
3: A sales transaction can only be recorded when the customer pays for the 
product or service at 
the time of the sale. False
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QuickBooks Chapter 3 Questions and Answers Already Graded A
- Exam (elaborations) • 7 pages • 2023
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How can you review a Transaction Report for any account when you are viewing the Balance Sheet? 
Select one: 
a. Click the balance in the account line of the Balance Sheet report to view the Transaction Report. 
b. Click the Report icon at the top of the Balance Sheet screen, then choose Transaction Report. 
c. Click Transaction in the account line of the Balance Sheet report to view the Transaction Report. 
d. None of these options. 
a 
 
How do you access Company Settings? 
Select one: 
a. Co...
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QuickBooks Chapter 3 Questions and Answers Already Graded A
- Exam (elaborations) • 7 pages • 2023
- Available in package deal
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- $10.49
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How can you review a Transaction Report for any account when you are viewing the Balance Sheet? 
Select one: 
a. Click the balance in the account line of the Balance Sheet report to view the Transaction Report. 
b. Click the Report icon at the top of the Balance Sheet screen, then choose Transaction Report. 
c. Click Transaction in the account line of the Balance Sheet report to view the Transaction Report. 
d. None of these options. 
a 
 
How do you access Company Settings? 
Select one: 
a. Co...
And that's how you make extra money
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QuickBooks Chapter 3 Questions and Answers Already Graded A
- Exam (elaborations) • 7 pages • 2023
- Available in package deal
-
- $10.49
- + learn more
How can you review a Transaction Report for any account when you are viewing the Balance Sheet? 
Select one: 
a. Click the balance in the account line of the Balance Sheet report to view the Transaction Report. 
b. Click the Report icon at the top of the Balance Sheet screen, then choose Transaction Report. 
c. Click Transaction in the account line of the Balance Sheet report to view the Transaction Report. 
d. None of these options. 
a 
 
How do you access Company Settings? 
Select one: 
a. Co...
-
QuickBooks Chapter 3 (2023/2024) Rated A+
- Exam (elaborations) • 6 pages • 2023
- Available in package deal
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- $10.49
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Credit Memos are prepared to record a reduction to a transaction. True 
 
When using QuickBooks, checks may not be written in a checkbook. False 
 
QuickZoom is a QuickBooks feature that allows detailed information to be displayed. True
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QuickBooks Online BUNDLED EXAMS (LATEST)
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QuickBooks Online Chapter 5 (Latest); Questions with Complete Solutions

2
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QuickBooks Online Chapter 7 (Latest Update); Questions with Complete Solutions

3
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QuickBooks Online Exam (Latest Update); Questions with Complete Solutions

4
Exam (elaborations)
QuickBooks Online Test 1 (Latest Update); Questions with
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QuickBooks Chapter 07 Test with Certified Solutions
- Exam (elaborations) • 4 pages • 2023
-
- $8.49
- + learn more
QuickBooks Chapter 07 Test with 
Certified Solutions 
1.The Cost of Goods Sold in the Profit and Loss account increases when you sell a product. 
True 
2: There is no limit to the number of inventory products you can enter in QuickBooks Online. 
True 
3: The difference between the cost and the sales price is an expense. false 
4: You can verify goods were NOT received without applying the receipt of inventory to a 
purchase order. true 
5: QuickBooks Online can receive incomplete orders by leavi...
-
QuickBooks Mayterm Chapter 3 Test Already Passed
- Exam (elaborations) • 5 pages • 2023
-
- $8.49
- + learn more
QuickBooks Mayterm Chapter 3 Test 
Already Passed 
1: The Navigation bar is where the link to the Sales center is located. True 
2: You can create a statement, receipt, invoice, or other transaction using the Action menu in the 
Sales center. True 
3: A sales transaction can only be recorded when the customer pays for the product or service at 
the time of the sale. False 
4: The sales form settings can be found in Account and Settings under the Your Company 
heading. True 
5: You cannot change ...
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