QuickBooks Online Exam questions with correct answers

Which 3 of these areas does the Client Needs Assessment tool focus on to help gather the information needed to select the right QuickBooks Online subscription for a client? CORRECT ANSWER Features and solutions Client profile Needs assessment Which 4 list types can be directly imported into QuickBooks Online from Excel? CORRECT ANSWER Customers Products and services Vendors Chart of accounts Brian just completed a Client Needs Assessment and his client confirmed that she will require profitability tracking, and needs to create budgets and purchase orders in her accounting solution. What is the minimum QuickBooks Online version suitable for Brian's client? CORRECT ANSWER QuickBooks Online Plus What is one difference between ProAdvisor Discount and Direct Discount pricing, apart from who pays for the subscription? CORRECT ANSWER Duration of discount To determine the scope of a bookkeeping clean-up engagement, you are reviewing the Client Overview tab for a potential client. You notice that there is a large amount in the Opening Balance Equity account. Which 2 reasons could be causing this balance? CORRECT ANSWER A reconciliation adjustment was posted when completing a bank reconciliation Transactions in the Banking Center were added without assigning an account to them When using QuickBooks Online Accountant, Diane Doolittle opens a client's QuickBooks Online company from her Client dashboard. Where can she see which apps are connected to the client's account without signing out of the account? CORRECT ANSWER Overview > Company Setup