QuickBooks Online Certification – Banking and Tools: Transactions, Reconciliation, and Financial
Management Study Guide
Which tab in QuickBooks Online Banking shows the bank data that has not yet been accepted
into QuickBooks Online?
A Matching
B Categorized
C For Review
D Bank Feed - correct answer ✔✔C For Review
Which of the options are true of tags and tag groups in QuickBooks Online? Select all that apply.
A Up to 40 tag groups can be created with a QuickBooks Online Simple Start, Essentials, or Plus
subscription
B Unlimited groups can be created with a QuickBooks Online Advanced subscription
C Up to 300 grouped tags and unlimited ungrouped tags can be created with any QuickBook
Online subscription
D Tags cannot be deleted
E Tag groups can be deleted
F Tags cannot be added to invoices - correct answer ✔✔A, B, C, E
Which of these recurring transactions could be used if a client needs to set up a monthly
recurring customer charge including payment?
A A recurring sales receipt
B A recurring purchase order for a vendor with no quantities
C A recurring journal entry for depreciation
D A recurring expense - correct answer ✔✔A
Management Study Guide
Which tab in QuickBooks Online Banking shows the bank data that has not yet been accepted
into QuickBooks Online?
A Matching
B Categorized
C For Review
D Bank Feed - correct answer ✔✔C For Review
Which of the options are true of tags and tag groups in QuickBooks Online? Select all that apply.
A Up to 40 tag groups can be created with a QuickBooks Online Simple Start, Essentials, or Plus
subscription
B Unlimited groups can be created with a QuickBooks Online Advanced subscription
C Up to 300 grouped tags and unlimited ungrouped tags can be created with any QuickBook
Online subscription
D Tags cannot be deleted
E Tag groups can be deleted
F Tags cannot be added to invoices - correct answer ✔✔A, B, C, E
Which of these recurring transactions could be used if a client needs to set up a monthly
recurring customer charge including payment?
A A recurring sales receipt
B A recurring purchase order for a vendor with no quantities
C A recurring journal entry for depreciation
D A recurring expense - correct answer ✔✔A
