QuickBooks Online Certification Pre-Test 2024

You are entering journal entries in QuickBooks Online. For each statement about the required information, select TRUE or FALSE. a. You must select Save and Close to record the journal entry.

• True

• False

You are entering journal entries in QuickBooks Online. For each statement about the required information, select TRUE or FALSE. b. QuickBooks Online automatically inserts the date and the next available journal entry number.

• True

• False

You are entering journal entries in QuickBooks Online. For each statement about the required information, select TRUE or FALSE. c. After you enter the account for the debit transaction, QBO automatically enters the account for the credit transaction.

• True

• False

During a business trip, you pay for the expenses using the company credit card. After the trip, you need to upload your expense receipts to QuickBooks. Which TWO methods can you use?

• Scan all the receipts to one PDF file and email the file to QBO

• From the QBO mobile app, take a picture of each receipt

• From QBO, take a picture of each receipt by using a webcam.

• Scan each receipt to a PDF file and email the files to QBO

You own a retail clothing store. You are setting up QBO for your store. You are adding items that you buy or sell to QBO Products and Services. For each item you buy or sell, indicate whether it is an Inventory item or a Non-inventory item. a. Hangers on which you display

• Inventory

• Non-inventory

You own a retail clothing store. You are setting up QBO for your store. You are adding items that you buy or sell to QBO Products and Services. For each item you buy or sell, indicate whether it is an Inventory item or a Non-inventory item. b. Shirts you regularly stock and sell to customers

• Inventory

• Non-inventory

You own a retail clothing store. You are setting up QBO for your store. You are adding items that you buy or sell to QBO Products and Services. For each item you buy or sell, indicate whether it is an Inventory item or a Non-inventory item. A shirt you ordered for a specific customer but do not usually sell

• Inventory

• Non-inventory

Which QBO transactions can be made recurring?

• Check and Journal Entry

• Bill and Pay Bills

• Deposits and Time Entry

• Invoice and Receive Payment

Which two statements about the Display name as field are True when adding a customer in QBO?

• It is the only required field in the Add Customer window

• It is the unique name you use to track each customer’s balance and other information

• It must exactly match either the customer’s name or the company name

• It determines how the name is displayed on invoices

What is the reason for setting up products or services in QBO?

• To have a standard terminology for customers on sales forms

• To automatically message customers when items are in stock

• To automatically schedule reordering of items that are out of stock

• To create customizable formulas in reports that you export to spreadsheets