QuickBooks Exam; Questions with Complete
Solutions 2024/25 Update
Which term best describes the QuickBooks Online environment? ✔✔Cloud-
based
Where do you back up your QuickBooks Online data files? ✔✔you don't
Dolly uses QuickBooks Online and is upgrading to a new computer. What do you
tell her?
✔✔Since QuickBooks Online is cloud software, all you have to do is sign in
What is a center? ✔✔Where transaction and contact information are
consolidated
On the Account and Settings screen, use the _____ tab to include account
numbers in your Chart
of Accounts. ✔✔advanced
What stores information about your accounts, products, and services? ✔✔Lists
Why are GAAP rules and standards important? ✔✔They ensure organizations
follow consistent
financial reporting.
Solutions 2024/25 Update
Which term best describes the QuickBooks Online environment? ✔✔Cloud-
based
Where do you back up your QuickBooks Online data files? ✔✔you don't
Dolly uses QuickBooks Online and is upgrading to a new computer. What do you
tell her?
✔✔Since QuickBooks Online is cloud software, all you have to do is sign in
What is a center? ✔✔Where transaction and contact information are
consolidated
On the Account and Settings screen, use the _____ tab to include account
numbers in your Chart
of Accounts. ✔✔advanced
What stores information about your accounts, products, and services? ✔✔Lists
Why are GAAP rules and standards important? ✔✔They ensure organizations
follow consistent
financial reporting.
