Computer Accounting With Quickbooks Online Comprehensive Test Paper Questions And Solutions Graded Aplus

COMPUTER ACCOUNTING WITH
QUICKBOOKS ONLINE COMPREHENSIVE
TEST PAPER QUESTIONS AND SOLUTIONS
GRADED APLUS

●● There are __________ QuickBooks Reconcile windows.
a. eight
b. three
c. two
d. four
Answer: c. two


●● The Check Detail Report is accessed from the __________ section of
the Reports window.
a. Sales and customers
b. Business overview
c. Expenses and vendors
d. Who owes you
Answer: c. Expenses and vendors


●● Balance differences identified during a bank reconciliation fall into
which of the following three categories?

, a. errors, omissions, and penalties
b. omissions, fees, and penalties
c. timing differences, omissions, and errors
d.omissions, errors, and fraud
Answer: c. timing differences, omissions, and errors


●● Using the Expense window to immediately record a company's credit
card charges ensures that
a. the credit card bill will be paid on time.
b. the expenses are recorded in the proper time period.
c. a minimum of interest will be paid.
Answer: b. the expenses are recorded in the proper time period.


●● When paying a credit card charge in the Credit Card Credit window,
you should specify this account in the Category details section.
a. Accounts Payable
b. Undeposited Funds
c. Checking
d. Accounts Receivable
Answer: c. Checking


●● In QuickBooks Online, credit card charges are recorded in the
__________ window.