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COMPUTER ACCOUNTING WITH QUICKBOOKS ONLINE FINAL PAPER TESTED QUESTIONS WITH VERIFIED ANSWERS COMPLETE STUDY SHEET

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COMPUTER ACCOUNTING WITH QUICKBOOKS ONLINE FINAL PAPER TESTED QUESTIONS WITH VERIFIED ANSWERS COMPLETE STUDY SHEET

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COMPUTER ACCOUNTING WITH
QUICKBOOKS ONLINE FINAL PAPER
TESTED QUESTIONS WITH VERIFIED
ANSWERS COMPLETE STUDY SHEET

●● Your client uses QuickBooks Online Simple Start. How many
accountant users can your client invite?
Answer: 2


●● Your client is moving out of state and wants you to do the monthly
accounting in their data file. What would be the best reason to
recommend converting to QuickBooks Online?
Answer: Online access to client data anytime, anywhere


●● How many regular (not accountant Users) can access a QuickBooks
Essential subscription at one time?
Answer: 3


●● Under which settings tab do you enable inventory tracking?
Answer: Sales


●● What type of user can only be added to a QuickBooks Online Plus
Company?

,Answer: Reports-only user


●● Which of the following cannot be imported using the import data
tool in QuickBooks Online?
Answer: Employees


●● Which of the following steps are needed to track inventory?
Answer: Sign up for Quickbooks Online Plus: Go to Account and
Settings>Sales>Products and services>Track inventory quantity on hand


●● Which of the following settings is found in the Expense setting
screen of the Company Settings?
Answer: Specify custom fields for Purchase Orders


●● A non-profit client wants to change the heading for her customers to
Donors. Where should she go in QuickBooks Online to change this
setting?
Answer: Gear Icon>Account Settings>Advanced>Other
preferences>Customer label


●● For how many consecutive days can you re-import QuickBooks
Desktop data into QuickBooks Online form the date the QuickBooks
Online Company is created?
Answer: 180

, ●● Which of the following lists can not be accessed from the Left
Navigation Pane?
Answer: Classes


●● Your client requires access to QuickBooks Online for himself, as
well as his bookkeeper and his accountant. In addition, he will need to
add payroll to his subscription level. Which of the following is the least
expensive QuickBooks Online subscription he can purchase that will
satisfy these requirements?
Answer: Simple Start


●● Where can you add a new Customer to your Customer List in
QuickBooks Online?
Answer: The Customer Center > New Customer


●● Which of the following best describes the functionality of the top
navigation bar in QuickBooks Online?
Answer: A place to easily access tools for entering transactions


●● The QuickBooks Online App provides users with a more 'desktop
like' experience. What feature does this app have that QuickBooks
desktop does not?
Answer: Ability to tile windows across multiple monitors

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