QuickBooks Certification Test (3, 2026 Updated) – Practice Exam Questions,
Answers & Study Guide
When you create a new company file, QuickBooks asks for your start date. What is the best
definition of start date in QuickBooks? - correct answer ✔✔The day you chose to start recording
the financial records in QuickBooks.
When a transaction is change, what information does the Audit Trail report Merging entries -
correct answer ✔✔All of the above.
When should you use the items tab on a bill or check - correct answer ✔✔When you purchase
inventory parts.
when you are setting up a service items, what happens if you select the box next to this "service
is performed by a subcontractor or partner"? - correct answer ✔✔QuickBooks provides fields so
you can track purchase and sales information for that item.
When should you set up a non-inventory items types? - correct answer ✔✔All of the above.
When making your payroll tax deposit, how can you add IRS INTERST and/or penalties? - correct
answer ✔✔Click the expense tab and enter the appropriate account and amount of interest and
penalties.
When you enter a purchase order for inventory, which accounts are affected? - correct answer
✔✔None, because purchase order are non-posting transactions.
When can you delete a check from QuickBooks without voiding it? - correct answer ✔✔You
enter a check in QuickBooks but haven't printed it yet. You realize the purchase was actually
made using a credit. The check was never really used.
Answers & Study Guide
When you create a new company file, QuickBooks asks for your start date. What is the best
definition of start date in QuickBooks? - correct answer ✔✔The day you chose to start recording
the financial records in QuickBooks.
When a transaction is change, what information does the Audit Trail report Merging entries -
correct answer ✔✔All of the above.
When should you use the items tab on a bill or check - correct answer ✔✔When you purchase
inventory parts.
when you are setting up a service items, what happens if you select the box next to this "service
is performed by a subcontractor or partner"? - correct answer ✔✔QuickBooks provides fields so
you can track purchase and sales information for that item.
When should you set up a non-inventory items types? - correct answer ✔✔All of the above.
When making your payroll tax deposit, how can you add IRS INTERST and/or penalties? - correct
answer ✔✔Click the expense tab and enter the appropriate account and amount of interest and
penalties.
When you enter a purchase order for inventory, which accounts are affected? - correct answer
✔✔None, because purchase order are non-posting transactions.
When can you delete a check from QuickBooks without voiding it? - correct answer ✔✔You
enter a check in QuickBooks but haven't printed it yet. You realize the purchase was actually
made using a credit. The check was never really used.
