Exam Questions & Verified Answers
Quiz_________________?
1.Click the Sick/Vacation button in the employee setup to define how to accrue time and to
tell QuickBooks how many hours the employee has available
2.Setup a Sick/vacation wage item
3. Use the sick/vacation wage item to pay employees for sick/vacation time -
Answer✅
Your company provides their employees with sick/vacation hours. You need to track how
many hours watch employee currently has available, how many they earn/accrue, and you
need to reduce their accrued hours when you pay them for sick or vacation time. How
would you do this in QuickBooks
Quiz_________________?
1) Change the summary basis (Accrual or Cash) for all reports
2) Change format options like font, color, and size
3) set which date to use for aging reports -
Answer✅
#What can you do in the Reports & Graphs Preferences?
Quiz_________________?
1
, 1) Retain as an available credit
2) Give a Refund
3) Apply to an invoice -
Answer✅
#What options do you have after you create a credit memo in QuickBooks?
Quiz_________________?
A customer returns a product that was damaged -
Answer✅
When should you enter a customer credit memo?
Quiz_________________?
a prior reconciled entry was modified or delted -
Answer✅
When reconciling an account, what would make a beginning balance different from the
statement's beginning balance?
Quiz_________________?
A uncheck the Show invoice item details on Statements box in the create statement window
-
Answer✅
How can you ensure that invoice detail does NOT appear on a customer statement?
Quiz_________________?
A. Quickbooks opens a detailed report about just that column
2
, B. Quickbooks automatically adjusts the column width to fit the data in the column
C. QuickBooks hides the column
D. None of the Above (CORRECT ANSWER) -
Answer✅
#What happens if you double-click on a diamond on a report column?
Quiz_________________?
Accounts receivable -
Answer✅
#Which accounts are affected when you enter time in quickbooks?
Quiz_________________?
add a custom field to the customer list -
Answer✅
#How would you track customer birth in quickbooks?
Quiz_________________?
add text boxes to your template -
Answer✅
What functions does the Layout Designer allow you to do?
Quiz_________________?
All Sales -
Answer✅
3
Quiz_________________?
1.Click the Sick/Vacation button in the employee setup to define how to accrue time and to
tell QuickBooks how many hours the employee has available
2.Setup a Sick/vacation wage item
3. Use the sick/vacation wage item to pay employees for sick/vacation time -
Answer✅
Your company provides their employees with sick/vacation hours. You need to track how
many hours watch employee currently has available, how many they earn/accrue, and you
need to reduce their accrued hours when you pay them for sick or vacation time. How
would you do this in QuickBooks
Quiz_________________?
1) Change the summary basis (Accrual or Cash) for all reports
2) Change format options like font, color, and size
3) set which date to use for aging reports -
Answer✅
#What can you do in the Reports & Graphs Preferences?
Quiz_________________?
1
, 1) Retain as an available credit
2) Give a Refund
3) Apply to an invoice -
Answer✅
#What options do you have after you create a credit memo in QuickBooks?
Quiz_________________?
A customer returns a product that was damaged -
Answer✅
When should you enter a customer credit memo?
Quiz_________________?
a prior reconciled entry was modified or delted -
Answer✅
When reconciling an account, what would make a beginning balance different from the
statement's beginning balance?
Quiz_________________?
A uncheck the Show invoice item details on Statements box in the create statement window
-
Answer✅
How can you ensure that invoice detail does NOT appear on a customer statement?
Quiz_________________?
A. Quickbooks opens a detailed report about just that column
2
, B. Quickbooks automatically adjusts the column width to fit the data in the column
C. QuickBooks hides the column
D. None of the Above (CORRECT ANSWER) -
Answer✅
#What happens if you double-click on a diamond on a report column?
Quiz_________________?
Accounts receivable -
Answer✅
#Which accounts are affected when you enter time in quickbooks?
Quiz_________________?
add a custom field to the customer list -
Answer✅
#How would you track customer birth in quickbooks?
Quiz_________________?
add text boxes to your template -
Answer✅
What functions does the Layout Designer allow you to do?
Quiz_________________?
All Sales -
Answer✅
3
