Why is setting a closing date and a password strongly recommended:

QuickBooks Practice test

Quiz
•
Life Skills
•
10th - 12th Grade
•
Medium
Tasha Hughes
Used 150+ times
FREE Resource
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It populates the audit trail
It sends a automatic email to the accountant
It prevents a client from making changes to a closed period
It creates a new Discrepancy Account in the Chart of Accounts
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these Company Settings must be selected to activate online invoices:
HTML emails
Include invoice as PDF attachemtn
Include sales forms as PDF attachments
Email a link to customers to pay invoices online
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To set up overtime pay, you do add it as an hourly rate:
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If you work with several companies, you'll be working with multiple QuickBooks Online company files. You can change from one company file to another at any time, but you can have only one company file open at a time is a single browser:
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Customer Money Bar helps you manage collecting payments from your customers. It lists all overdue and almost due invoices in a single place
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When you're working in QuickBooks Online, you'll spend most of your time using a form, a list or a:
Register
Chart of Accounts
Report
Graph
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which customization would quickly condense the size of a Profit & Loss report:
Filter the report to show only certain date range
Click collapse on the report to show only parent account subtotals
Set the total income to be summarized by customer instead of summarized by account
Add sub-columns to include previous year amounts and $ difference between current and prior year amounts
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