QuickBooks Exam Questions & Answers (GRADED A+)

How many points does your firm need to reach the platinum tier of the ProAdvisor® program? -ANSWER- 800 Which Intuit product allows you to manage your clients and your practice all in one place? -ANSWER- QB Accountant Which of the following items can you access from the Your Practice area?(Select all that apply) -ANSWER- List of Client Companies, Team section, Work space, Apps, & ProAdvisor The lifecycle can be broken down into a manageable timeline: -ANSWER- Daily: Manage the books by running small tasks Monthly: Analyze and balance the books Quarterly: Evaluate and maintain finances Annually: Finalize books and report taxes Which of the following tasks should be performed weekly? -ANSWER- Record transactions Document and file receipts Review unpaid bills Prepare and send invoices Pay vendors, sign checks Review projected cash flow Where would you go to find the following accountant-only features? Prep for taxes, Reclassify Transactions, Voided/Deleted Transactions, and Write Off Invoice -ANSWER- Accountant Tools What information can you see on the dashboard? Select all of the options that are correct. -ANSWER- Income and sales data Profit and loss figures Expenses Credit card balances Bank balances