Intuit QuickBooks Study Guide (2026 Updated) – Complete Certification Notes, Practice
Questions & Exam Prep
You are adding a new customer to Quickbooks Online. You are working in the New You own
Customer Information form. For each statement about the Display name as a field, write True or
False:
The display name is optional. - correct answer ✔✔True
You are adding a new customer to Quickbooks Online. You are working in the New You own
Customer Information form. For each statement about the Display name as a field, write True or
False:
2-The display name must be unique. - correct answer ✔✔False
You are adding a new customer to Quickbooks Online. You are working in the New You own
Customer Information form. For each statement about the Display name as a field, write True or
False:
3-The display name is used to sort customer lists. - correct answer ✔✔True
You are reviewing downloaded bank and credit card transactions. You need to select the correct
action for each transaction.
( Add,Match,Split,View)
Creates a new transaction - correct answer ✔✔Add
You are reviewing downloaded bank and credit card transactions. You need to select the correct
action for each transaction.
,( Add,Match,Split,View)
Categorize parts of a transaction differently - correct answer ✔✔Split
You are reviewing downloaded bank and credit card transactions. You need to select the correct
action for each transaction.
( Add,Match,Split,View)
Links the new transaction with an existing transaction - correct answer ✔✔Match
You are reviewing downloaded bank and credit card transactions. You need to select the correct
action for each transaction.
( Add,Match,Split,View)
Displays multiple transactions that might match an existing transaction - correct answer
✔✔View
You own a retail clothing store. You are setting up QuickBooks Online for your store. You are
adding items that you buy or sell to QuickBooks Online Products and Services. For each item
you buy or sell, indicate whether it is an Inventory item or Non-inventory item.
Hangers on which you display shirts - correct answer ✔✔Non-Inventory
You own a retail clothing store. You are setting up QuickBooks Online for your store. You are
adding items that you buy or sell to QuickBooks Online Products and Services. For each item
you buy or sell, indicate whether it is an Inventory item or Non-inventory item.
Shirts you regularly stock and sell to customers - correct answer ✔✔Inventory
, You own a retail clothing store. You are setting up QuickBooks Online for your store. You are
adding items that you buy or sell to QuickBooks Online Products and Services. For each item
you buy or sell, indicate whether it is an Inventory item or Non-inventory item.
A shirt you order for specific customer but do not usually sell - correct answer ✔✔Inventory
Which three actions can you perform from the QuickBooks Online business dashboard? -
correct answer ✔✔Review last month's profit and loss data
Add a new customer
Record mileage for a business trip
For which three reasons would you install QuickBooks online apps - correct answer ✔✔To tailor
QuickBooks online for specific
To automate task such as data entry
To add additional data tracking and reporting capabilities
For each statement about QuickBooks Online default user types, write True or False.
Standard users can enter timesheets, add users, update company info, or manage subscriptions
- correct answer ✔✔False
For each statement about QuickBooks Online default user types, write True or False.
Time tracking-only and Reports-only user types do not count toward user limits. - correct
answer ✔✔True
For each statement about QuickBooks Online default user types, write True or False.
Questions & Exam Prep
You are adding a new customer to Quickbooks Online. You are working in the New You own
Customer Information form. For each statement about the Display name as a field, write True or
False:
The display name is optional. - correct answer ✔✔True
You are adding a new customer to Quickbooks Online. You are working in the New You own
Customer Information form. For each statement about the Display name as a field, write True or
False:
2-The display name must be unique. - correct answer ✔✔False
You are adding a new customer to Quickbooks Online. You are working in the New You own
Customer Information form. For each statement about the Display name as a field, write True or
False:
3-The display name is used to sort customer lists. - correct answer ✔✔True
You are reviewing downloaded bank and credit card transactions. You need to select the correct
action for each transaction.
( Add,Match,Split,View)
Creates a new transaction - correct answer ✔✔Add
You are reviewing downloaded bank and credit card transactions. You need to select the correct
action for each transaction.
,( Add,Match,Split,View)
Categorize parts of a transaction differently - correct answer ✔✔Split
You are reviewing downloaded bank and credit card transactions. You need to select the correct
action for each transaction.
( Add,Match,Split,View)
Links the new transaction with an existing transaction - correct answer ✔✔Match
You are reviewing downloaded bank and credit card transactions. You need to select the correct
action for each transaction.
( Add,Match,Split,View)
Displays multiple transactions that might match an existing transaction - correct answer
✔✔View
You own a retail clothing store. You are setting up QuickBooks Online for your store. You are
adding items that you buy or sell to QuickBooks Online Products and Services. For each item
you buy or sell, indicate whether it is an Inventory item or Non-inventory item.
Hangers on which you display shirts - correct answer ✔✔Non-Inventory
You own a retail clothing store. You are setting up QuickBooks Online for your store. You are
adding items that you buy or sell to QuickBooks Online Products and Services. For each item
you buy or sell, indicate whether it is an Inventory item or Non-inventory item.
Shirts you regularly stock and sell to customers - correct answer ✔✔Inventory
, You own a retail clothing store. You are setting up QuickBooks Online for your store. You are
adding items that you buy or sell to QuickBooks Online Products and Services. For each item
you buy or sell, indicate whether it is an Inventory item or Non-inventory item.
A shirt you order for specific customer but do not usually sell - correct answer ✔✔Inventory
Which three actions can you perform from the QuickBooks Online business dashboard? -
correct answer ✔✔Review last month's profit and loss data
Add a new customer
Record mileage for a business trip
For which three reasons would you install QuickBooks online apps - correct answer ✔✔To tailor
QuickBooks online for specific
To automate task such as data entry
To add additional data tracking and reporting capabilities
For each statement about QuickBooks Online default user types, write True or False.
Standard users can enter timesheets, add users, update company info, or manage subscriptions
- correct answer ✔✔False
For each statement about QuickBooks Online default user types, write True or False.
Time tracking-only and Reports-only user types do not count toward user limits. - correct
answer ✔✔True
For each statement about QuickBooks Online default user types, write True or False.
