QUICKBOOKS ONLINE UPDATED EXAM TEST
PAPER QUESTIONS AND ANSWERS SURE A+
✔✔What should you do after you click save & close on a customer credit memo? -
✔✔Choose between retained as an available credit, give a refund or apply to an invoice
✔✔**What steps most you complete to use the payroll center to pay payroll liabilities? -
✔✔Set deposit frequencies
✔✔#What tool do you use to move your logo to a form? - ✔✔layout designer
✔✔#What transaction in quickbooks should you use if your customer pays you when
you provide the goods or services? - ✔✔Sales receipt
✔✔#When a transaction is changed, what information does the Audit Trail report
provide? - ✔✔who changed the transaction, and the date/time the transaction was
changed
✔✔#When can you delete a check from quickbooks without voiding it? - ✔✔When you
have multiple copies of the check
, ✔✔When making your payroll tax deposit, how can you add IRS interest and/or
penalties? - ✔✔Click the expense tab and enter the appropriate account and amount of
interest and penalties
✔✔#When should you set up a non-inventory item type? - ✔✔for something you buy
and sell but don't need to track the quantity on hands
✔✔When should you use the items tab on a bill or check? - ✔✔When you purchase
inventory parts
✔✔**When you are setting up a service item, what happens if you select the box next to
this "service is performed by a subcontractor or partner"? - ✔✔quickbooks provides
fields so you can track purchases and sales information for that item
✔✔What is the best definition of the start date in quickbooks? - ✔✔The day you choose
to start recording the financial records
✔✔#When you enter a purchase order for inventory, which accounts are affected? -
✔✔None, because purchase orders are non-posting transactions
✔✔Where can you see a thumbnail sample of each report in quickbooks along with a
description of what the report tells you? - ✔✔Report center
✔✔#Which accounts are affected when you enter time in quickbooks? - ✔✔Accounts
receivable
✔✔Which is not shown on the payroll summary report on quickbooks? - ✔✔information
necessary to complete your state unemployment tax form
✔✔#Which of the following can be memorized in quickbooks? - ✔✔bill
✔✔Which of the following is a possible reason for a bank reconciliation discrepancy? -
✔✔The beginning balance calculated by quickbooks doesn't match last months ending
balance
✔✔Which of the following is a reason to create a new company file? - ✔✔When a
company file has many errors that are beyond repair
✔✔#Which of the following is not true regarding merging entries? - ✔✔quickbooks
allows you to merge an expense account with an income account
PAPER QUESTIONS AND ANSWERS SURE A+
✔✔What should you do after you click save & close on a customer credit memo? -
✔✔Choose between retained as an available credit, give a refund or apply to an invoice
✔✔**What steps most you complete to use the payroll center to pay payroll liabilities? -
✔✔Set deposit frequencies
✔✔#What tool do you use to move your logo to a form? - ✔✔layout designer
✔✔#What transaction in quickbooks should you use if your customer pays you when
you provide the goods or services? - ✔✔Sales receipt
✔✔#When a transaction is changed, what information does the Audit Trail report
provide? - ✔✔who changed the transaction, and the date/time the transaction was
changed
✔✔#When can you delete a check from quickbooks without voiding it? - ✔✔When you
have multiple copies of the check
, ✔✔When making your payroll tax deposit, how can you add IRS interest and/or
penalties? - ✔✔Click the expense tab and enter the appropriate account and amount of
interest and penalties
✔✔#When should you set up a non-inventory item type? - ✔✔for something you buy
and sell but don't need to track the quantity on hands
✔✔When should you use the items tab on a bill or check? - ✔✔When you purchase
inventory parts
✔✔**When you are setting up a service item, what happens if you select the box next to
this "service is performed by a subcontractor or partner"? - ✔✔quickbooks provides
fields so you can track purchases and sales information for that item
✔✔What is the best definition of the start date in quickbooks? - ✔✔The day you choose
to start recording the financial records
✔✔#When you enter a purchase order for inventory, which accounts are affected? -
✔✔None, because purchase orders are non-posting transactions
✔✔Where can you see a thumbnail sample of each report in quickbooks along with a
description of what the report tells you? - ✔✔Report center
✔✔#Which accounts are affected when you enter time in quickbooks? - ✔✔Accounts
receivable
✔✔Which is not shown on the payroll summary report on quickbooks? - ✔✔information
necessary to complete your state unemployment tax form
✔✔#Which of the following can be memorized in quickbooks? - ✔✔bill
✔✔Which of the following is a possible reason for a bank reconciliation discrepancy? -
✔✔The beginning balance calculated by quickbooks doesn't match last months ending
balance
✔✔Which of the following is a reason to create a new company file? - ✔✔When a
company file has many errors that are beyond repair
✔✔#Which of the following is not true regarding merging entries? - ✔✔quickbooks
allows you to merge an expense account with an income account
