QuickBooks Certification Exam Study
Set
In QuickBooks Online, which items should you mark as
Billable? correct answersExpenses for which a customer should
reimburse you
For each statement about managing unbilled expenses in Quickbooks Online,
select True or False.1) The unbilled costs by job report displays the unbilled
expenses2) If you clear the billable check box for a cost, it is no longer a
business expense.3) You can change the billable status of a cost by selecting
or clearing the Billable check box on the check. correct answers1) True
2) False
3) True
What information does an Accounts Receivable Aging report present?
correct answersOverdue invoices with due dates, days past due, and totals
for each customer
You mailed a check to pay your monthly rent. The check was lost in the mail
and was never cashed. What should you do with the check in QuickBooks?
correct answersVoid the check
Which two statements are TRUE regarding billable expenses and
items? correct answers1. Turn on billable costs in the expenses area in
settings
2. Use the billable check mark to identify expenses that you want to
invoice your customer for
You are customizing a Profit and Loss report. You need to display two date
ranges side by side. Which setting should you configure? Select the correct
setting in the answer area. correct answers"This Year-to-date"
Which lists can you import into QuickBooks Online Plus from the Import
Data screen? correct answersProducts and Services
How do you transfer a primary admin (Previously known as a master admin)
rights to a new user? correct answersLogin as the current primary admin,
add the new user as an administrator. From the action drop-down, choose
make primary admin.
In what way does the QuickBooks payments feature differ from traditional
payments? correct answersWhen a customer pays through QuickBooks
Payments, QuickBooks Online automatically receives the payment.
Set
In QuickBooks Online, which items should you mark as
Billable? correct answersExpenses for which a customer should
reimburse you
For each statement about managing unbilled expenses in Quickbooks Online,
select True or False.1) The unbilled costs by job report displays the unbilled
expenses2) If you clear the billable check box for a cost, it is no longer a
business expense.3) You can change the billable status of a cost by selecting
or clearing the Billable check box on the check. correct answers1) True
2) False
3) True
What information does an Accounts Receivable Aging report present?
correct answersOverdue invoices with due dates, days past due, and totals
for each customer
You mailed a check to pay your monthly rent. The check was lost in the mail
and was never cashed. What should you do with the check in QuickBooks?
correct answersVoid the check
Which two statements are TRUE regarding billable expenses and
items? correct answers1. Turn on billable costs in the expenses area in
settings
2. Use the billable check mark to identify expenses that you want to
invoice your customer for
You are customizing a Profit and Loss report. You need to display two date
ranges side by side. Which setting should you configure? Select the correct
setting in the answer area. correct answers"This Year-to-date"
Which lists can you import into QuickBooks Online Plus from the Import
Data screen? correct answersProducts and Services
How do you transfer a primary admin (Previously known as a master admin)
rights to a new user? correct answersLogin as the current primary admin,
add the new user as an administrator. From the action drop-down, choose
make primary admin.
In what way does the QuickBooks payments feature differ from traditional
payments? correct answersWhen a customer pays through QuickBooks
Payments, QuickBooks Online automatically receives the payment.
