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Quickbooks Exam Study Questions & Answers | 120 Questions with 100% Correct Answers | Verified

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What lists can be imported from Excel spreadsheets, when setting up a QuickBooks online company? - ANS - Chart of accounts, Customers, Products and Services, and Vendors Which of the following is TRUE regarding your chart of accounts, when setting up a new QuickBooks company? - ANS - It is possible to add more accounts after starting a new company What company information does QuickBooks ask for when you first create a new QuickBooks online account? - ANS - The industry of the business Where is the Company Settings page found in QuickBooks online? - ANS - Click the Company Menu at the top right and select Company Settings What can you do to filter the home page so that it does not display sensitive financial information? - ANS - Turn on "Private Mode" from the home page Which of the following is TRUE regarding General Journal Entries? - ANS - General Journal Entries require a good understanding of debits and credits and a great deal of care should be taken by non accountants when entering them Which of the following statements about users is TRUE? - ANS - In addition to Regular or Custom users, you can also set up Reports Only, and Time Tracking only users

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