Answers & Explanations
What happens if a QuickBooks Online Payroll Elite client receives a payroll tax penalty because
of a product error? - correct answer ✔✔The penalty is discounted by 50%
(*)A QuickBooks Elite Payroll subscription guarantees to cover the cost of any penalty
The penalty is paid automatically via the client's QuickBooks Online Payroll file
The client receives a notification on the Payroll Center Overview screen
Which 2 of the following statements are true of the QuickBooks Online Payroll Core standalone
subscription? - correct answer ✔✔(*)You can add QuickBooks Online to an existing Payroll Core
standalone subscription
You can set up a QuickBooks Online Payroll Core standalone subscription directly from
QuickBooks Online Accountant
You can't be set up as a company administrator
(*)There are three tabs on the Left Navigation Bar: Payroll, Reports, and Payroll Tax
When inviting an employee to add their personal details via Workforce, which information must
be in QuickBooks Online Payroll to enable the invite to be sent? - correct answer ✔✔(*)Name
Address
Date of birth
Date of hire
, Telephone contact numbers
(*)Email address
Social Security Number (SSN)
Where can see all paychecks created following a payroll run? - correct answer ✔✔(*)Payroll
Center > Employee tab > Paycheck list
Payroll Center > Employee tab > Run payroll
Tax Center > Employee tab > Run payroll report
Gear icon > Payroll settings > View Payroll
In their spare time, a volunteer has been working for your client, a charity shop. The charity has
secured additional funding for the next 12 months to fund a paid role for the volunteer for 15
hours per week. - correct answer ✔✔Full time
(*)Part-time
Intern
No change
What report shows all paychecks you've created, including a detailed breakdown of the
amounts of all wages, taxes, and deductions. - correct answer ✔✔Payroll
Deductions/Contributions
Payroll summary
Payroll tax liability
(*)Payroll details
Which QuickBooks Online Payroll report provides details for a selected pay date, including the
amount, employee and employer-paid taxes, and deductions? - correct answer ✔✔Payroll Tax
and Wage Summary
Payroll Deductions/Contributions