INTUIT QUICKBOOKS CERTIFIED
EXAM QUESTIONS AND ANSWERS.
VERIFIED 2025/2026.
During the company setup process, which of the following are steps when creating a new
company file? - ANS Importing lists of customers and vendors.
Choosing your company's beginning Charts of Accounts
Entering the company's address and other contact information
The two methods for creating a new company file are called? - ANS Express Start and
Detailed Start
You've completed the setup of a Quickbooks company file. But during the company setup, you
spelled the company's name wrong. How do you fix it now? - ANS Select Company > My
Company from the menu and click the icon
Which of the following statements about setting up multiple company files is TRUE? -
ANS QuickBooks can create and store information for an unlimited number of company files
When you set up a new QuickBooks company, how do you setup a new item & service that is
not on the default list of items or services? - ANS Next to "Add the products and services you
sell", click Add More.
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, There are a lot of things that can be entered during the setup process for a new company, like
items and services you sell or customers you sell to. There are some things that are better left to
enter later though, like account balances
Which of the following features allows you to keep all of your lists and preferences, but start
from scratch with everything else in a company file? - ANS Condense Data
The Condense Date option allows you to keep your lists and preferences while removing all of
the old transactions.
To be as safe as possible, where should you save a backup company file? - ANS QuickBooks'
built-in online hosting service.
Your computer's hard drive.
You can restore a backup to any location you like, but it's important to keep the backup itself
separate from the computer upon which you've installed QuickBooks
When you restore a backup company file, what happen? - ANS QuickBooks creates a new
working QuickBooks company file with all of the data that was in the backup company file.
Backup companies are useful for a variety of reasons, such as replacing a company file if a hard
drive is damaged or even reviewing a company's data from an earlier period.
Why would a company switch to Multi-User mode? - ANS If a company wants multiple users
to access a company file at the same time, the company file must be in Multi-User Mode.
How do you change where your icon bar appears? - ANS Click the View menu and select Top,
Left or Hide Icon Bar
How do you open the Product Information screen, which includes version and company file
information, in QuickBooks? - ANS Press F2 on your keyboard
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
EXAM QUESTIONS AND ANSWERS.
VERIFIED 2025/2026.
During the company setup process, which of the following are steps when creating a new
company file? - ANS Importing lists of customers and vendors.
Choosing your company's beginning Charts of Accounts
Entering the company's address and other contact information
The two methods for creating a new company file are called? - ANS Express Start and
Detailed Start
You've completed the setup of a Quickbooks company file. But during the company setup, you
spelled the company's name wrong. How do you fix it now? - ANS Select Company > My
Company from the menu and click the icon
Which of the following statements about setting up multiple company files is TRUE? -
ANS QuickBooks can create and store information for an unlimited number of company files
When you set up a new QuickBooks company, how do you setup a new item & service that is
not on the default list of items or services? - ANS Next to "Add the products and services you
sell", click Add More.
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, There are a lot of things that can be entered during the setup process for a new company, like
items and services you sell or customers you sell to. There are some things that are better left to
enter later though, like account balances
Which of the following features allows you to keep all of your lists and preferences, but start
from scratch with everything else in a company file? - ANS Condense Data
The Condense Date option allows you to keep your lists and preferences while removing all of
the old transactions.
To be as safe as possible, where should you save a backup company file? - ANS QuickBooks'
built-in online hosting service.
Your computer's hard drive.
You can restore a backup to any location you like, but it's important to keep the backup itself
separate from the computer upon which you've installed QuickBooks
When you restore a backup company file, what happen? - ANS QuickBooks creates a new
working QuickBooks company file with all of the data that was in the backup company file.
Backup companies are useful for a variety of reasons, such as replacing a company file if a hard
drive is damaged or even reviewing a company's data from an earlier period.
Why would a company switch to Multi-User mode? - ANS If a company wants multiple users
to access a company file at the same time, the company file must be in Multi-User Mode.
How do you change where your icon bar appears? - ANS Click the View menu and select Top,
Left or Hide Icon Bar
How do you open the Product Information screen, which includes version and company file
information, in QuickBooks? - ANS Press F2 on your keyboard
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
