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WorksheetsQB Domain 3 Lesson 2
Total questions: 19
Worksheet time: 19mins
Describe a money-out transaction workflow
(a)
What is the purpose of automatically uploading bank transactions to QuickBooks Online?
(a)
What two payment options involve a fee?
(a)
What payment option should be created five to seven days before a bill is due?
(a)
What three payment options are made within a day?
(a)
All bills affect a company’s
(a)
Check payments are treated as (a) and are automatically deducted from a QuickBooks Online account.
Users should treat a debit card transaction as a(n) (a) transaction.
What type of transaction does not affect a company’s account balance immediately?
(a)
What money-out transaction is automatically created?
(a)
What money-out transaction must be manually created?
(a)
What account must be selected when depositing a vendor credit into a bank account?
(a)
When should users not make changes to a transaction?
(a)
What is the difference between voiding and deleting a transaction?
(a)
When can a user delete a transaction?
(a)
If a user deletes a bill, it is reverted to a(n) (a) status.
Name three types of accounts that can connect to QuickBooks Online.
(a)
Why might a business benefit from connecting a credit card account to QuickBooks?
(a)
Once added, financial accounts need to be associated with the correct account in the
(a)
