QuickBooks Online Certification Exam
Actual Exam 2026/2027 – 100%
Verified | Detailed Rationales – Pass
Guaranteed – A+ Graded INSTANT
DOWNLOAD
Subscription Tiers & Features
1. Which QuickBooks Online service tier includes advanced
reporting, workflow automation, and custom user
permissions?
A) Simple Start
B) Essentials
C) Plus
D) Advanced
Answer: D) Advanced — Advanced provides features like
advanced reporting, workflow automation, and custom user
permissions unavailable in lower tiers. Plus includes inventory
tracking but not these advanced features .
2. Which subscription level includes inventory tracking?
A) Simple Start
B) Essentials
, C) Plus
D) Simple Start and Essentials
Answer: C) Plus — QuickBooks Online Plus and Advanced include
inventory tracking; Simple Start and Essentials do not .
3. How many regular (non-accountant) users can access an
Essentials subscription at one time?
A) 1
B) 3
C) 5
D) 25
Answer: B) 3
4. What type of user can ONLY be added to a QuickBooks
Online Plus company?
A) Standard user
B) Reports-only user
C) Admin user
D) Custom user
Answer: B) Reports-only user
Company Setup & Chart of Accounts
5. Which information is REQUIRED when setting up a new
company in QuickBooks Online?
, A) Company phone number
B) Company legal name
C) Company fax number
D) Company website
Answer: B) Company legal name — Contact information like
phone, fax, and website is optional and can be added later .
6. Which of the following is NOT required during the
QuickBooks company setup process?
A) Company name
B) Bank account information
C) Type of business entity
D) Employee Social Security numbers
Answer: D) Employee Social Security numbers — This is
needed later for payroll setup, not during basic company
configuration .
7. What is the primary purpose of using subaccounts in the
Chart of Accounts?
A) To increase the total number of accounts
B) To group related accounts and show subtotals
C) To hide accounts from reports
D) To prevent users from viewing certain accounts
Answer: B) To group related accounts and show subtotals —
Subaccounts provide better organization and more detailed
reporting (e.g., Office Supplies under Supplies Expense) .
, 8. What does the term "Chart of Accounts" refer to in
QuickBooks?
A) A list of all customer invoices
B) A list of all employee payroll details
C) A list of all accounts used in the accounting system
D) A summary of cash flow for the year
Answer: C) A list of all accounts used in the accounting
system
Transaction Types & Workflows
9. When should a Sales Receipt be used instead of an Invoice?
A) When a customer pays at a later date
B) When a customer pays in full at the time of sale
C) When recording a bill from a vendor
D) When recording employee payroll
Answer: B) When a customer pays in full at the time of sale
10. Which QuickBooks feature allows you to track and
manage bills and payments to vendors?
A) Accounts Receivable
B) Accounts Payable
C) Inventory
D) Sales Tax
Answer: B) Accounts Payable
Actual Exam 2026/2027 – 100%
Verified | Detailed Rationales – Pass
Guaranteed – A+ Graded INSTANT
DOWNLOAD
Subscription Tiers & Features
1. Which QuickBooks Online service tier includes advanced
reporting, workflow automation, and custom user
permissions?
A) Simple Start
B) Essentials
C) Plus
D) Advanced
Answer: D) Advanced — Advanced provides features like
advanced reporting, workflow automation, and custom user
permissions unavailable in lower tiers. Plus includes inventory
tracking but not these advanced features .
2. Which subscription level includes inventory tracking?
A) Simple Start
B) Essentials
, C) Plus
D) Simple Start and Essentials
Answer: C) Plus — QuickBooks Online Plus and Advanced include
inventory tracking; Simple Start and Essentials do not .
3. How many regular (non-accountant) users can access an
Essentials subscription at one time?
A) 1
B) 3
C) 5
D) 25
Answer: B) 3
4. What type of user can ONLY be added to a QuickBooks
Online Plus company?
A) Standard user
B) Reports-only user
C) Admin user
D) Custom user
Answer: B) Reports-only user
Company Setup & Chart of Accounts
5. Which information is REQUIRED when setting up a new
company in QuickBooks Online?
, A) Company phone number
B) Company legal name
C) Company fax number
D) Company website
Answer: B) Company legal name — Contact information like
phone, fax, and website is optional and can be added later .
6. Which of the following is NOT required during the
QuickBooks company setup process?
A) Company name
B) Bank account information
C) Type of business entity
D) Employee Social Security numbers
Answer: D) Employee Social Security numbers — This is
needed later for payroll setup, not during basic company
configuration .
7. What is the primary purpose of using subaccounts in the
Chart of Accounts?
A) To increase the total number of accounts
B) To group related accounts and show subtotals
C) To hide accounts from reports
D) To prevent users from viewing certain accounts
Answer: B) To group related accounts and show subtotals —
Subaccounts provide better organization and more detailed
reporting (e.g., Office Supplies under Supplies Expense) .
, 8. What does the term "Chart of Accounts" refer to in
QuickBooks?
A) A list of all customer invoices
B) A list of all employee payroll details
C) A list of all accounts used in the accounting system
D) A summary of cash flow for the year
Answer: C) A list of all accounts used in the accounting
system
Transaction Types & Workflows
9. When should a Sales Receipt be used instead of an Invoice?
A) When a customer pays at a later date
B) When a customer pays in full at the time of sale
C) When recording a bill from a vendor
D) When recording employee payroll
Answer: B) When a customer pays in full at the time of sale
10. Which QuickBooks feature allows you to track and
manage bills and payments to vendors?
A) Accounts Receivable
B) Accounts Payable
C) Inventory
D) Sales Tax
Answer: B) Accounts Payable
