Part 4 Knowledge Checks/Activities/Quizzes
for Intuit Bookkeeping Professional
Certificate | Actual Questions & Verified
Answers | 100% Correct
This Intuit Bookkeeping Exam validates skills in fundamental accounting
and using QuickBooks, covering assets, liabilities, equity, sales,
purchases, reconciliation, and financial statements , designed to certify
professionals for roles like QuickBooks Live bookkeepers, with a rigorous
format that includes unique "yes/no" multiple-choice questions for each
option, testing practical application of accounting principles within the
Intuit ecosystem.
Sarah owns a sandwich shop that has a cash balance of $10,000,
an accounts receivable balance of $13,000, and current liabilities
are $6,000. Sarah buys a new walk-in cooler for the sandwich
shop for $8,000 with cash. Calculate her new cash ratio. -
Answer☑️
2.50
Quiz_________________?
Which of the following statements is true about the difference
between a bookkeeper and an accountant? -
Answer☑️
A bookkeeper is responsible for the day-to-day recording of
financial transactions, while an accountant is responsible for the
analysis and interpretation of financial data
, Quiz_________________?
Which of the following tasks are typically performed by a
bookkeeper? -
Answer☑️
Record financial transactions. Prepare financial statements
Quiz_________________?
Which of the following tasks are typically performed by an
accountant? -
Answer☑️
Analyze financial data and provide recommendations to the client.
Provide tax advice. Assess the overall health of a business
Quiz_________________?
Which step is used by the bookkeeper to create a holistic picture
of the financial state of a business? -
Answer☑️
Prepare financial statements
Quiz_________________?
"I'm thinking about trying to open another store. While you are
going through the records, can you tell me about the health of the
business and let me know your recommendations?" -
Answer☑️
As a bookkeeper, I'm not really qualified to offer
recommendations. You can contact your accountant
Quiz_________________?
, "how do I know when to come to you for help and when to turn to
my accountant?" -
Answer☑️
Accountants track business transactions and financial records
and use that information to assess the health of a business so
you can make data-driven decisions about your business.
Bookkeepers record, check accuracy, and summarize day-to-day
financial data
Quiz_________________?
What is the bookkeeper's role in financial analysis? -
Answer☑️
Keep accurate financial records
Quiz_________________?
Which of the following statements accurately describe the roles of
bookkeepers and accountants? -
Answer☑️
Bookkeepers primarily handle the recording of business
transactions and managing things like payroll and invoicing, while
accountants often focus on analyzing and tax preparation.
Bookkeepers play a crucial role in ensuring accurate and up-to-
date financial records, while accountants provide financial advice
and guidance
Quiz_________________?
During which step of the accounting cycle should a bookkeeper
reconcile the books? -
Answer☑️
Step 2: Record and post transactions
for Intuit Bookkeeping Professional
Certificate | Actual Questions & Verified
Answers | 100% Correct
This Intuit Bookkeeping Exam validates skills in fundamental accounting
and using QuickBooks, covering assets, liabilities, equity, sales,
purchases, reconciliation, and financial statements , designed to certify
professionals for roles like QuickBooks Live bookkeepers, with a rigorous
format that includes unique "yes/no" multiple-choice questions for each
option, testing practical application of accounting principles within the
Intuit ecosystem.
Sarah owns a sandwich shop that has a cash balance of $10,000,
an accounts receivable balance of $13,000, and current liabilities
are $6,000. Sarah buys a new walk-in cooler for the sandwich
shop for $8,000 with cash. Calculate her new cash ratio. -
Answer☑️
2.50
Quiz_________________?
Which of the following statements is true about the difference
between a bookkeeper and an accountant? -
Answer☑️
A bookkeeper is responsible for the day-to-day recording of
financial transactions, while an accountant is responsible for the
analysis and interpretation of financial data
, Quiz_________________?
Which of the following tasks are typically performed by a
bookkeeper? -
Answer☑️
Record financial transactions. Prepare financial statements
Quiz_________________?
Which of the following tasks are typically performed by an
accountant? -
Answer☑️
Analyze financial data and provide recommendations to the client.
Provide tax advice. Assess the overall health of a business
Quiz_________________?
Which step is used by the bookkeeper to create a holistic picture
of the financial state of a business? -
Answer☑️
Prepare financial statements
Quiz_________________?
"I'm thinking about trying to open another store. While you are
going through the records, can you tell me about the health of the
business and let me know your recommendations?" -
Answer☑️
As a bookkeeper, I'm not really qualified to offer
recommendations. You can contact your accountant
Quiz_________________?
, "how do I know when to come to you for help and when to turn to
my accountant?" -
Answer☑️
Accountants track business transactions and financial records
and use that information to assess the health of a business so
you can make data-driven decisions about your business.
Bookkeepers record, check accuracy, and summarize day-to-day
financial data
Quiz_________________?
What is the bookkeeper's role in financial analysis? -
Answer☑️
Keep accurate financial records
Quiz_________________?
Which of the following statements accurately describe the roles of
bookkeepers and accountants? -
Answer☑️
Bookkeepers primarily handle the recording of business
transactions and managing things like payroll and invoicing, while
accountants often focus on analyzing and tax preparation.
Bookkeepers play a crucial role in ensuring accurate and up-to-
date financial records, while accountants provide financial advice
and guidance
Quiz_________________?
During which step of the accounting cycle should a bookkeeper
reconcile the books? -
Answer☑️
Step 2: Record and post transactions
