QUICKBOOKS ONLINE CERTIFICATION
EXAM QUESTIONS AND ANSWERS
The best way to automate credit card payments with a recurring sales receipt - Answer-
create a template
The steps to enter info into a journal entry are: - Answer-1 - select the account
2 - enter the amount to be credited and debited
3 - verify the credit/debit amounts are the same
4 - enter a memo
Where can QB apps be downloaded? - Answer-QuickBooks App Store
Pros of QBO functionality through apps - Answer-QBO offers numerous applications
and add-ons that integrate seamlessly to automate workflow, bookkeeping, invoicing,
data entry, and more.
Apps allow business owners to access their QBO data from mobile devices
Cons of QBO functionality through apps - Answer-Most apps are only available for the
higher-tiered verstions of QBO
Only a few apps are free. Many cost money.
Apps integrate seamlessly with QBO to access your data in the cloud; therefore,
security is not absolute.
Billing address - Answer-the mailbox where an invoice is typically delivered
The address with a credit card
Shipping address - Answer-the location where service are to occur
the location where products are to be delivered
Sub-customers are referrals from main customers are paid a commission on sales -
Answer-False
Sub-customers are associated with a parent customer - Answer-true
sub-customers are commonly used for franchises or locations - Answer-true
sub-customers can be used to track jobs or projects - Answer-true
When setting up a product you must provide the price, the income account and the cost
of goods sold account used - Answer-true
both products and services require you to identify if the item is non-taxable - Answer-
true
EXAM QUESTIONS AND ANSWERS
The best way to automate credit card payments with a recurring sales receipt - Answer-
create a template
The steps to enter info into a journal entry are: - Answer-1 - select the account
2 - enter the amount to be credited and debited
3 - verify the credit/debit amounts are the same
4 - enter a memo
Where can QB apps be downloaded? - Answer-QuickBooks App Store
Pros of QBO functionality through apps - Answer-QBO offers numerous applications
and add-ons that integrate seamlessly to automate workflow, bookkeeping, invoicing,
data entry, and more.
Apps allow business owners to access their QBO data from mobile devices
Cons of QBO functionality through apps - Answer-Most apps are only available for the
higher-tiered verstions of QBO
Only a few apps are free. Many cost money.
Apps integrate seamlessly with QBO to access your data in the cloud; therefore,
security is not absolute.
Billing address - Answer-the mailbox where an invoice is typically delivered
The address with a credit card
Shipping address - Answer-the location where service are to occur
the location where products are to be delivered
Sub-customers are referrals from main customers are paid a commission on sales -
Answer-False
Sub-customers are associated with a parent customer - Answer-true
sub-customers are commonly used for franchises or locations - Answer-true
sub-customers can be used to track jobs or projects - Answer-true
When setting up a product you must provide the price, the income account and the cost
of goods sold account used - Answer-true
both products and services require you to identify if the item is non-taxable - Answer-
true
