UPDATED ACTUAL Exam Questions and
CORRECT Answers
From the payday tab you can pay employees and reimbursements to employees: - CORRECT
ANSWER - FALSE
You can make expenses billable to customers - CORRECT ANSWER - TRUE
From the Create new button on the customers tab you can create the following forms except -
CORRECT ANSWER - D) Create Bill
You can only set up single tax items in Quickbooks Online - CORRECT ANSWER -
FALSE
An accurate balance sheet gives you a true picture of your company's finances - CORRECT
ANSWER - TRUE
To add a new customer go to the _______Center - CORRECT ANSWER - D)Customers
Registers in Quickbooks Online are used the same way as a paper checkbook register to see a
record of all the transactions in your checking account-checks you've written, other withdrawals
you've made from your account, and deposits-a Quickbooks Online register contains a record of
all the activity in one account - CORRECT ANSWER - TRUE
to add a new product/service you go to the company button and click: - CORRECT
ANSWER - C) Products and Services
To locate information in Quickbooks Online you can only go to the Magnifying Glass (top of
page) - CORRECT ANSWER - FALSE