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Exam (elaborations)

QBO Latest 2024 Certification Exam Guaranteed A+

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QBO Latest 2024 Certification Exam Guaranteed A+

,What happens if you press the "ctrl," "alt," and "?" keys at the same time?

Quickbooks displays a list of shortcut keys.




You're setting up a new Quickbooks account for a business that just hired you. The company has a list
of accounts with opening balances. Where do you enter these balances when setting up the
Quickbooks account?

You can enter opening balances using a Journal entry or directly entering them into account
registers. However, this is not recommended for non-accountants. You can enter open invoices to
record the balance owed to you (Accounts Receivable) and open bills to record what you owe
(Accounts Payable).




You're working in QuickBooks at a coffee shop for a few hours and don't want to share all of your
company's financial details with everyone there. How can you fix this?

Click the Private mode switch on the home page to prevent sensitive financial information from
being displayed in this window.




You just set up a new Quickbooks company and your employer needs you to create a chart of
accounts. Which is true?

Accounts are automatically created based upon your industry type, however you CAN add more
accounts later




Your employer asks you to update your business contact info. How do you access the company
settings to do this?

Click the global create menu (+) at the top of the screen and select account and settings.




What does private mode on the home page do?

It hides the values displayed for profit and loss, bank accounts, and other sensitive financial
information.

, Which Quickbooks Online groups have access levels that can be applied to regular customer users?

All, none, or limited




Which of the following is true regarding Quickbooks online?

-Once you access QuickBooks from a browser, you must use that browser every time.

-You must use Internet Explorer.

-QuickBooks cannot be accessed on a Mac operating system.

-You can access QuickBooks from almost any browser on any computer with an Internet connection.

You can access QuickBooks from almost any browser on any computer with an Internet connection.




You're setting up Quickbooks online for a company that already has information in Excel. What can
you import into quickbooks from excel?

Certain lists (customers, vendors, products and services, and the chart of accounts).




You'd like to change the company address in company settings. Whats the first step to open company
settings?

Click the gear icon on the home page.




True or False: Because Quickbooks Online is in the cloud, you don't need to manually back it up.

True




You'd like to work in Quickbooks more efficiently. How can you see the list of shortcuts available to
you?

press ctrl, alt, and ? keys at the same time.
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