COMPUTER ACCOUNTING WITH QUICKBOOKS ONLINE CERTIFICATION EVALUATION EXAMS SET FULL QUESTIONS AND COMPLETE SOLUTION.pdf

COMPUTER ACCOUNTING WITH
QUICKBOOKS ONLINE CERTIFICATION
EVALUATION EXAMS SET FULL QUESTIONS
AND COMPLETE SOLUTION

●● You mailed a check to pay the rent. The check was lost in the mail
and never cashed. What should you do with the outstanding check?
Answer: Void the check


●● Where would you go to recategorize all expenses for a vendor?
Answer: Vendor Center->Click the Vendor->Select Transactions->Batch
Actions->Categorize Selected


●● It is time to pay bills. Where do you go?
Answer: + New icon->Pay Bills


●● You want to view bills to be paid to vendors and check for errors,
which report do you choose?
Answer: Unpaid Bills Report


●● Which report displays a list of unpaid invoices by customer?
Answer: Open Invoice

, ●● You sold product to a customer and received payment at the time of
sale. Now you need to record the sales in QuickBooks®. Which form
would you use?
Answer: Sales Receipt


●● You just opened the mail and need to post three payments for open
invoices. Where do you go to record the payments?
Answer: + New icon->Receive Payments


●● You received payments for multiple invoices, and now you need to
deposit them. Where do you go next?
Answer: + New icon->Bank Deposit


●● You need to identify which customers purchase the most. Which
report will help you with this?
Answer: Sales by Customer Summary


●● Which option would you use to set reminders to re-order items?
Answer: Re-order Points


●● Which report would you use to complete a physical Inventory count?
Answer: Physical Inventory Worksheet