Actual Exam Questions and CORRECT
Answers
You've been hired by a company that started in 1911. They've never used QuickBooks.
During the EasyStep Interview, what "Start Date" should you use? - CORRECT
ANSWER✔✔ The date you want to begin tracking the company's finances in QuickBooks
When setting up a new company through the EasyStep Interview, some company information
is optional and some is absolutely required. Which of the following pieces of information
does QuickBooks require you to enter? - CORRECT ANSWER✔✔ Company name
Which of the following is NOT a backup option in QuickBooks? - CORRECT ANSWER✔✔
Removes all transactions while leaving lists, preferences, and service subscriptions intact.
If you choose to "Remove Transactions as of a specific date" from the "Clean Up Company
Data" window, what does QuickBooks do? - CORRECT ANSWER✔✔ Removes all
transactions while leaving lists, preferences, and service subscriptions intact.
What do the diamonds mean on certain lists (for example, the diamonds to the left of each
Customer:Job)? - CORRECT ANSWER✔✔ You can click on the diamond and move the list
entry to a different location on the list.
What is the maximum number of names that can be included on the Names lists in
QuickBooks Pro or Premier? - CORRECT ANSWER✔✔ 14,500
What item type should you use for inventory that you assemble from other items and then
sell? - CORRECT ANSWER✔✔ Inventory Assembly
Which of the following statements is true concerning items? - CORRECT ANSWER✔✔ You
can use one item to represent different services or goods, Items allow you to track your sales
in more detail without cluttering your Chart of Accounts or Profit & Loss, and To create an
invoice, you must use an item.