ACTUAL COMPLETE REAL EXAM EXAM QUESTIONS AND
CORRECT ANSWERS / A+ SCORE SOLUTION / 2025/2026.
Which of the following year-end tools would you find in the
Accountant Tools in
QuickBooks Online Accountant? - ANSWER-- Tools to write off
invoices
- Tools to reclassify transactions
- Tools to customize reports
The Accountant Tools contains links to reports and tools,
including Prep for taxes, tools to write off invoices, tools to
reclassify transactions, and links to your custom reports.
What are three stages in the month-end review? - ANSWER--
Resolve transactions with issues
- Account reconcilation
- Review financial statements
The month-end review is designed to support your month-end
workflow by identifying problem transactions, highlighting any
unreconciled accounts, and prompting you to review the
financial statements for accuracy.
,How might you get lists and transactions into a new Quickbooks
Online company? - ANSWER-- Import Excel files
- Convert QBD files
Which subscription level in QBO could you recommend that
would provide features such as tracking for sales and sales tax?
- ANSWER-Simple Start, Essentials, Plus, or Advanced
To be listed in the QB App Center, apps must ______________ -
ANSWER-Meet strict requirements and undergo a testing
process
Wholesale billing has three key benefits. What are they? -
ANSWER-- Bundling all client subscriptions into one invoice
- Easy tracking
- Switch anytime
Reclassify transactions - ANSWER-As usual, QuickBooks Online
can come to the rescue, this time with the Reclassify
Transactions tool. This tool is only available to Accountant
users.
The Reclassify Transactions tool is used to recategorize
transactions in batch from one account to another or one class
,to another (if you have Class tracking, a QuickBooks Online Plus
feature, turned on).
In fact, Reclassify Transactions is one of the most used features
in QuickBooks Online Accountant Tools.
Which 3 statements are true about QBO's Performance Center? -
ANSWER-- Once you create a chart, it stays in Performance
Center indefinitely, updated every 4 hours
- You access Performance Center from the Reports menu in
the left-hand navigation
- When you first create a custome chart it uses real-time
data, so is 100% accurate.
Creating reports to answer common business questions -
ANSWER-QuickBooks Online gives you and your clients the
tools to keep track of their financial data so that it's accurate,
reliable, complete, and available in real time. Using reports to
their full potential will prepare you to help your clients make
decisions and support their business goals.
Start with the end in mind - ANSWER-In order to make good
decisions about their business, clients need data that is
accurate, reliable, and complete.Let's take a look at how best
practice workflows and accurate bookkeeping are crucial to the
reporting process.
, Who owes me money? - ANSWER-Report? A/R Aging
Why? Lists all customers who currently owe balances and
shows how old the balances are
Who are my top customers? - ANSWER-Report? Sales by
Customer Summary Why? A business can look at the
characterisitcs of their top customers to help identify potential
new customers who have the same characteristics
What are my top-selling and/or worst-spelling products? -
ANSWER-Report?
Sales by Prodcut/Service Summary
Why? A business can decide which products they should buy
more of (high volume) or which products to put on sal (low
volume or slow-moving products).
How much do I owe my vendors? - ANSWER-Report? A/P Aging
Why? Lists all vendors with open balances and shows how old
the balances are.
How much money did I make? - ANSWER-Report? Profit and
Loss
Why:? Shows profitability and how much money was earned and
spent on each category.