QUICKBOOKS ONLINE LATEST
CERTIFICATION EXAM
The QuickBooks Online __________________ allows developers to connect their
apps to QuickBooks and send data back and forth between them. - ANSWERS-
Open API platform
How do you log in to QuickBooks Online Accountant? - ANSWERS-Enter your
Intuit ID at qbo.intuit.com
Which of the following is information found in the Client Details screen? -
ANSWERS-Current account balances
Which of the following is an accurate statement about the Your Books section in
QuickBooks Online Accountant? - ANSWERS-It is a QBO Plus company
What is one option for creating a new QuickBooks Online Accountant firm? -
ANSWERS-Be invited as the accountant user from a QuickBooks Online company
Which of the following summary information of activity from clients' QBO
companies can be found in the Client list grid in QuickBooks Online Accountant? -
ANSWERS-Close Date
Basic access grants which of the following permissions to team users? -
ANSWERS-View-only access to firm information
END OF
PAGE
1
, QUICKBOOKS ONLINE LATEST
CERTIFICATION EXAM
Which of the following lists is the same in both Your Books and QuickBooks
Online Accountant? - ANSWERS-Customers
Where do you manage wholesale billing for the QBOA firm? - ANSWERS-Gear
Icon> Your Account
You are getting frustrated because you are always changing the dates when you run
reports. What can you do to set default dates for reports? - ANSWERS-Click on
the Accountant ToolBox and choose Report Tools
You may end up working with a company with a surplus of uncategorized
transactions sitting in a Miscellaneous, Ask My Accountant, or Uncategorized
expense account. What is the most efficient way to post these transactions to the
proper accounts? - ANSWERS-Use the Reclassify Transactions tool to move the
transactions from the uncategorized account to the proper expense account
To import QBO data into ProConnect Tax Online, use the following workflow: -
ANSWERS-Accountant Tools > Trial Balance > View Tax Return
What does the Accountant ToolBox allow us to do that our clients cannot do on the
Bank Reconciliation screen? - ANSWERS-Undo bank reconciliations
Which of the following tools is not available in the Accountant Toolbox? -
ANSWERS-Exceptions to Closing Date Report
END OF
PAGE
2
, QUICKBOOKS ONLINE LATEST
CERTIFICATION EXAM
The Trial Balance tool in QuickBooks Online is a tool that: - ANSWERS-Pushes
QuickBooks Online data to ProConnect Tax Online for online completion of the
federal income tax return
When creating journal entries as an accountant user, what can we do that our
clients cannot do? - ANSWERS-Mark the journal entry adjusting
Why is setting a closing date and a password strongly recommended? -
ANSWERS-It prevents a client from making changes to a closed period
How do you remove duplicate Bank Feed transactions that have not been added to
the register? - ANSWERS-Check the box to the left of the duplicate transactions in
the For Review tab in the Banking Center and then Exclude from the Batch
Actions drop down menu
Your client has been entering bills into accounts payable, but has been paying them
with checks and credit card expenses. What is the best way to fix the duplicate
expense entries and close the open Accounts Payable balance? - ANSWERS-Use
the drawer to add the bill to the check or credit card expense
Which of the following statements is false about the Opening Balance Equity
account? - ANSWERS-It is only okay to have a balance in the Opening Balance
Equity account if it is equal to the prior years retained earnings.
END OF
PAGE
3
CERTIFICATION EXAM
The QuickBooks Online __________________ allows developers to connect their
apps to QuickBooks and send data back and forth between them. - ANSWERS-
Open API platform
How do you log in to QuickBooks Online Accountant? - ANSWERS-Enter your
Intuit ID at qbo.intuit.com
Which of the following is information found in the Client Details screen? -
ANSWERS-Current account balances
Which of the following is an accurate statement about the Your Books section in
QuickBooks Online Accountant? - ANSWERS-It is a QBO Plus company
What is one option for creating a new QuickBooks Online Accountant firm? -
ANSWERS-Be invited as the accountant user from a QuickBooks Online company
Which of the following summary information of activity from clients' QBO
companies can be found in the Client list grid in QuickBooks Online Accountant? -
ANSWERS-Close Date
Basic access grants which of the following permissions to team users? -
ANSWERS-View-only access to firm information
END OF
PAGE
1
, QUICKBOOKS ONLINE LATEST
CERTIFICATION EXAM
Which of the following lists is the same in both Your Books and QuickBooks
Online Accountant? - ANSWERS-Customers
Where do you manage wholesale billing for the QBOA firm? - ANSWERS-Gear
Icon> Your Account
You are getting frustrated because you are always changing the dates when you run
reports. What can you do to set default dates for reports? - ANSWERS-Click on
the Accountant ToolBox and choose Report Tools
You may end up working with a company with a surplus of uncategorized
transactions sitting in a Miscellaneous, Ask My Accountant, or Uncategorized
expense account. What is the most efficient way to post these transactions to the
proper accounts? - ANSWERS-Use the Reclassify Transactions tool to move the
transactions from the uncategorized account to the proper expense account
To import QBO data into ProConnect Tax Online, use the following workflow: -
ANSWERS-Accountant Tools > Trial Balance > View Tax Return
What does the Accountant ToolBox allow us to do that our clients cannot do on the
Bank Reconciliation screen? - ANSWERS-Undo bank reconciliations
Which of the following tools is not available in the Accountant Toolbox? -
ANSWERS-Exceptions to Closing Date Report
END OF
PAGE
2
, QUICKBOOKS ONLINE LATEST
CERTIFICATION EXAM
The Trial Balance tool in QuickBooks Online is a tool that: - ANSWERS-Pushes
QuickBooks Online data to ProConnect Tax Online for online completion of the
federal income tax return
When creating journal entries as an accountant user, what can we do that our
clients cannot do? - ANSWERS-Mark the journal entry adjusting
Why is setting a closing date and a password strongly recommended? -
ANSWERS-It prevents a client from making changes to a closed period
How do you remove duplicate Bank Feed transactions that have not been added to
the register? - ANSWERS-Check the box to the left of the duplicate transactions in
the For Review tab in the Banking Center and then Exclude from the Batch
Actions drop down menu
Your client has been entering bills into accounts payable, but has been paying them
with checks and credit card expenses. What is the best way to fix the duplicate
expense entries and close the open Accounts Payable balance? - ANSWERS-Use
the drawer to add the bill to the check or credit card expense
Which of the following statements is false about the Opening Balance Equity
account? - ANSWERS-It is only okay to have a balance in the Opening Balance
Equity account if it is equal to the prior years retained earnings.
END OF
PAGE
3
