QUICKBOOKS ONLINE EXAM PREP TEST
BANK VERIFIED QUESTIONS AND
CORRECT ANSWERS
●● You are adding a new customer to Quickbooks Online. You are
working in the New You own Customer Information form. For each
statement about the Display name as a field, write True or False:
2-The display name must be unique.
Answer: False
●● You are adding a new customer to Quickbooks Online. You are
working in the New You own Customer Information form. For each
statement about the Display name as a field, write True or False:
3-The display name is used to sort customer lists.
Answer: True
●● You are reviewing downloaded bank and credit card transactions.
You need to select the correct action for each transaction.
( Add,Match,Split,View)
Creates a new transaction
,Answer: Add
●● You are reviewing downloaded bank and credit card transactions.
You need to select the correct action for each transaction.
( Add,Match,Split,View)
Categorize parts of a transaction differently
Answer: Split
●● You are reviewing downloaded bank and credit card transactions.
You need to select the correct action for each transaction.
( Add,Match,Split,View)
Links the new transaction with an existing transaction
Answer: Match
●● You are reviewing downloaded bank and credit card transactions.
You need to select the correct action for each transaction.
( Add,Match,Split,View)
Displays multiple transactions that might match an existing transaction
Answer: View
, ●● You own a retail clothing store. You are setting up QuickBooks
Online for your store. You are adding items that you buy or sell to
QuickBooks Online Products and Services. For each item you buy or
sell, indicate whether it is an Inventory item or Non-inventory item.
Hangers on which you display shirts
Answer: Non-Inventory
●● You own a retail clothing store. You are setting up QuickBooks
Online for your store. You are adding items that you buy or sell to
QuickBooks Online Products and Services. For each item you buy or
sell, indicate whether it is an Inventory item or Non-inventory item.
Shirts you regularly stock and sell to customers
Answer: Inventory
●● You own a retail clothing store. You are setting up QuickBooks
Online for your store. You are adding items that you buy or sell to
QuickBooks Online Products and Services. For each item you buy or
sell, indicate whether it is an Inventory item or Non-inventory item.
A shirt you order for specific customer but do not usually sell
Answer: Inventory
BANK VERIFIED QUESTIONS AND
CORRECT ANSWERS
●● You are adding a new customer to Quickbooks Online. You are
working in the New You own Customer Information form. For each
statement about the Display name as a field, write True or False:
2-The display name must be unique.
Answer: False
●● You are adding a new customer to Quickbooks Online. You are
working in the New You own Customer Information form. For each
statement about the Display name as a field, write True or False:
3-The display name is used to sort customer lists.
Answer: True
●● You are reviewing downloaded bank and credit card transactions.
You need to select the correct action for each transaction.
( Add,Match,Split,View)
Creates a new transaction
,Answer: Add
●● You are reviewing downloaded bank and credit card transactions.
You need to select the correct action for each transaction.
( Add,Match,Split,View)
Categorize parts of a transaction differently
Answer: Split
●● You are reviewing downloaded bank and credit card transactions.
You need to select the correct action for each transaction.
( Add,Match,Split,View)
Links the new transaction with an existing transaction
Answer: Match
●● You are reviewing downloaded bank and credit card transactions.
You need to select the correct action for each transaction.
( Add,Match,Split,View)
Displays multiple transactions that might match an existing transaction
Answer: View
, ●● You own a retail clothing store. You are setting up QuickBooks
Online for your store. You are adding items that you buy or sell to
QuickBooks Online Products and Services. For each item you buy or
sell, indicate whether it is an Inventory item or Non-inventory item.
Hangers on which you display shirts
Answer: Non-Inventory
●● You own a retail clothing store. You are setting up QuickBooks
Online for your store. You are adding items that you buy or sell to
QuickBooks Online Products and Services. For each item you buy or
sell, indicate whether it is an Inventory item or Non-inventory item.
Shirts you regularly stock and sell to customers
Answer: Inventory
●● You own a retail clothing store. You are setting up QuickBooks
Online for your store. You are adding items that you buy or sell to
QuickBooks Online Products and Services. For each item you buy or
sell, indicate whether it is an Inventory item or Non-inventory item.
A shirt you order for specific customer but do not usually sell
Answer: Inventory
