Question 1
Which 2 QuickBooks Online billing options include a discount on QuickBooks Time?
A. ProAdvisor discount
B. Direct discount
C. Revenue share
ANSWER
A. ProAdvisor discount
B. Direct discount
Question 2
Where would you go to enable account numbering in the chart of accounts?
A. The Chart of accounts tab in Account and Settings
B. The Customization option from Accountant Tools
C. The Advanced tab in Account and Settings
D. The Enable account numbers slider from the Chart of Accounts screen
ANSWER
C. The Advanced tab in Account and Settings
Question 3
A client tells you they can't convert an estimate to a purchase order.
Which 2 of these might be the reason?
A. They haven't added QuickBooks Payments to their company
1
,B. They use QuickBooks Online Simple Start or Essentials
C. They haven't enabled purchase orders in Account and Settings
D. They're not set up as Company admin
E. The estimate hasn't been sent
ANSWER
B. They use QuickBooks Online Simple Start or Essentials
C. They haven't enabled purchase orders in Account and Settings
Question 4
Which feature in QuickBooks Online allows you to apply a refund to an existing or future
bill?
A. Delayed charge
B. Vendor credit
C. Delayed credit
D. Credit memo
ANSWER
B. Vendor credit
Question 5
How could a client move funds from a savings account into a checking account?
A. That kind of transaction can only be created and recorded by an accountant via
Accountant Tools in QuickBooks Online Accountant
B. By using the Transfer feature by selecting + New, then Transfer, and entering the details
C. By using the Receive payment feature by selecting + New, then Receive payment and
selecting Checking in the Deposit to field
D. By navigating to the Banking center, selecting Add transfer, and entering the details
2
,ANSWER
B. By using the Transfer feature by selecting + New, then Transfer, and entering the details
Question 6
One of your retail clients has had a store for about 2 years and, due to demand, is hoping to
open a second store. They've asked you how much money they can afford to spend.
Which report would you suggest they use?
A. Profit and Loss report
B. Balance Sheet report
C. Expenses by Vendor Summary report
D. Accounts Payable (A/P) report
ANSWER
B. Balance Sheet report
Question 7
A client who pays for their QuickBooks Online subscription directly wants to upgrade their
subscription level.
Where in QuickBooks Online Accountant would you find the link to do this?
A. In the Subscriptions and billing section, on the Accountant-billed subscriptions tab
B. In the Clients menu from the left-hand navigation, under the Actions column
C. In the Subscriptions and billing section, on the Client-billed subscriptions tab
D. In the Accountant Tools panel, under Quick Links
ANSWER
C. In the Subscriptions and billing section, on the Client-billed subscriptions tab
3
, Question 8
Your client has been using the QuickBooks Online Mileage Tracker throughout the year. It's
nearing year end and you're preparing the log for auto expense deduction.
Which 3 of the tasks below should be completed to prepare the log for auto expense
deductions at year end?
A. Look for vehicle changes (bought or sold)
B. View all the recorded trips, ensuring none are left unreviewed
C. Set the dollar rate per mile manually
D. Check the calculated mileage
E. Reconcile the Reimbursable mileage account
ANSWER
A. Look for vehicle changes (bought or sold)
B. View all the recorded trips, ensuring none are left unreviewed
D. Check the calculated mileage
Question 9
Which of these statements about estimates in QuickBooks Online Plus and Advanced are
true? Select all that apply.
A. Estimates are posting transactions
B. Estimate data can be used to create a purchase order
C. Estimate data can be used to create a vendor credit
D. Estimate data can be used to create an invoice
ANSWER
B&D
Question 10
4
Which 2 QuickBooks Online billing options include a discount on QuickBooks Time?
A. ProAdvisor discount
B. Direct discount
C. Revenue share
ANSWER
A. ProAdvisor discount
B. Direct discount
Question 2
Where would you go to enable account numbering in the chart of accounts?
A. The Chart of accounts tab in Account and Settings
B. The Customization option from Accountant Tools
C. The Advanced tab in Account and Settings
D. The Enable account numbers slider from the Chart of Accounts screen
ANSWER
C. The Advanced tab in Account and Settings
Question 3
A client tells you they can't convert an estimate to a purchase order.
Which 2 of these might be the reason?
A. They haven't added QuickBooks Payments to their company
1
,B. They use QuickBooks Online Simple Start or Essentials
C. They haven't enabled purchase orders in Account and Settings
D. They're not set up as Company admin
E. The estimate hasn't been sent
ANSWER
B. They use QuickBooks Online Simple Start or Essentials
C. They haven't enabled purchase orders in Account and Settings
Question 4
Which feature in QuickBooks Online allows you to apply a refund to an existing or future
bill?
A. Delayed charge
B. Vendor credit
C. Delayed credit
D. Credit memo
ANSWER
B. Vendor credit
Question 5
How could a client move funds from a savings account into a checking account?
A. That kind of transaction can only be created and recorded by an accountant via
Accountant Tools in QuickBooks Online Accountant
B. By using the Transfer feature by selecting + New, then Transfer, and entering the details
C. By using the Receive payment feature by selecting + New, then Receive payment and
selecting Checking in the Deposit to field
D. By navigating to the Banking center, selecting Add transfer, and entering the details
2
,ANSWER
B. By using the Transfer feature by selecting + New, then Transfer, and entering the details
Question 6
One of your retail clients has had a store for about 2 years and, due to demand, is hoping to
open a second store. They've asked you how much money they can afford to spend.
Which report would you suggest they use?
A. Profit and Loss report
B. Balance Sheet report
C. Expenses by Vendor Summary report
D. Accounts Payable (A/P) report
ANSWER
B. Balance Sheet report
Question 7
A client who pays for their QuickBooks Online subscription directly wants to upgrade their
subscription level.
Where in QuickBooks Online Accountant would you find the link to do this?
A. In the Subscriptions and billing section, on the Accountant-billed subscriptions tab
B. In the Clients menu from the left-hand navigation, under the Actions column
C. In the Subscriptions and billing section, on the Client-billed subscriptions tab
D. In the Accountant Tools panel, under Quick Links
ANSWER
C. In the Subscriptions and billing section, on the Client-billed subscriptions tab
3
, Question 8
Your client has been using the QuickBooks Online Mileage Tracker throughout the year. It's
nearing year end and you're preparing the log for auto expense deduction.
Which 3 of the tasks below should be completed to prepare the log for auto expense
deductions at year end?
A. Look for vehicle changes (bought or sold)
B. View all the recorded trips, ensuring none are left unreviewed
C. Set the dollar rate per mile manually
D. Check the calculated mileage
E. Reconcile the Reimbursable mileage account
ANSWER
A. Look for vehicle changes (bought or sold)
B. View all the recorded trips, ensuring none are left unreviewed
D. Check the calculated mileage
Question 9
Which of these statements about estimates in QuickBooks Online Plus and Advanced are
true? Select all that apply.
A. Estimates are posting transactions
B. Estimate data can be used to create a purchase order
C. Estimate data can be used to create a vendor credit
D. Estimate data can be used to create an invoice
ANSWER
B&D
Question 10
4
