QuickBooks Practice test

QuickBooks Practice test

10th - 12th Grade

30 Qs

quiz-placeholder

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QuickBooks Practice test

QuickBooks Practice test

Assessment

Quiz

Life Skills

10th - 12th Grade

Medium

Created by

Tasha Hughes

Used 150+ times

FREE Resource

30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

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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