QBO Advanced Certification Sample Questions (2026 Updated) – Practice Test with Answers &
Explanations
When you're looking at a transaction journal, which component of a transaction includes the
date, memos, accounts, class, and job? - ANS ✔✔
In which tab of Account and Settings can you turn on Class tracking? - ANS ✔✔
Projects help clients organize all the transactions that make up a customer project and track
profitability.
To which other transaction categorization feature is Projects most similar? - ANS ✔✔
Your client needs to record a billable purchase transaction.
To which 4 of the following account types could they post it? - ANS ✔✔
Your client runs a small cleaning business. Many of their customers sign up for a regular weekly
clean but only want to be charged monthly.
Which feature of QuickBooks Online can help your client track how much to invoice at the end
of the month? - ANS ✔✔
Your client is struggling to manage their cash flow effectively and you are recommending they
set a budget.
For which 3 of the following accounts can they set a budget? - ANS ✔✔
For how many days in advance does the Cashflow Overview tab project your clients' cash flow? -
ANS ✔✔90
What are 3 reasons why QuickBooks Online might not suggest a match for a bank transaction? -
ANS ✔✔he transaction is posted to the wrong account
, The transaction is outside the date range in which QuickBooks Online searches
The amount of the transaction posted in QuickBooks Online is greater or less than the amount
that cleared the bank
Your firm works with several realtors who have similar COAs and bank transactions. You have
exported a standard set of bank rules to Excel that you can use with each client—and you want
to import these rules into their QuickBooks Online companies.
What are the missing steps to import the rules?
_________________________________
_________________________________
Select Import rules
Locate and upload the XLS file containing the bank rules template
Select Next
Map any accounts, payees, and classes that are specific to the template to the payees and
classes in your client's company
_________________________________
Select Finish - ANS ✔✔
Which 3 statements about how QuickBooks Online applies bank rules are true? - ANS ✔✔
Which 3 of the following statements are true about working with corporate credit cards in
QuickBooks Online? - ANS ✔✔With corporate credit cards, one card is usually designated as the
primary, or master card
Individual cardholder accounts, including the primary/master card, are set up as subaccounts to
the parent account
Explanations
When you're looking at a transaction journal, which component of a transaction includes the
date, memos, accounts, class, and job? - ANS ✔✔
In which tab of Account and Settings can you turn on Class tracking? - ANS ✔✔
Projects help clients organize all the transactions that make up a customer project and track
profitability.
To which other transaction categorization feature is Projects most similar? - ANS ✔✔
Your client needs to record a billable purchase transaction.
To which 4 of the following account types could they post it? - ANS ✔✔
Your client runs a small cleaning business. Many of their customers sign up for a regular weekly
clean but only want to be charged monthly.
Which feature of QuickBooks Online can help your client track how much to invoice at the end
of the month? - ANS ✔✔
Your client is struggling to manage their cash flow effectively and you are recommending they
set a budget.
For which 3 of the following accounts can they set a budget? - ANS ✔✔
For how many days in advance does the Cashflow Overview tab project your clients' cash flow? -
ANS ✔✔90
What are 3 reasons why QuickBooks Online might not suggest a match for a bank transaction? -
ANS ✔✔he transaction is posted to the wrong account
, The transaction is outside the date range in which QuickBooks Online searches
The amount of the transaction posted in QuickBooks Online is greater or less than the amount
that cleared the bank
Your firm works with several realtors who have similar COAs and bank transactions. You have
exported a standard set of bank rules to Excel that you can use with each client—and you want
to import these rules into their QuickBooks Online companies.
What are the missing steps to import the rules?
_________________________________
_________________________________
Select Import rules
Locate and upload the XLS file containing the bank rules template
Select Next
Map any accounts, payees, and classes that are specific to the template to the payees and
classes in your client's company
_________________________________
Select Finish - ANS ✔✔
Which 3 statements about how QuickBooks Online applies bank rules are true? - ANS ✔✔
Which 3 of the following statements are true about working with corporate credit cards in
QuickBooks Online? - ANS ✔✔With corporate credit cards, one card is usually designated as the
primary, or master card
Individual cardholder accounts, including the primary/master card, are set up as subaccounts to
the parent account
