QUICKBOOKS ONLINE CERTIFICATION ALL 500 QUESTIONS AND VERIFIED SOLUTIONS LATEST UPDATE THIS YEAR

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QUICKBOOKS ONLINE CERTIFICATION ALL 500
QUESTIONS AND VERIFIED SOLUTIONS LATEST
UPDATE THIS YEAR
Quickbooks Online Certification




QUESTION: Which of the following best describes the capability of the class and location
features?

a. Classes allow you to view the profitability of your transactions by city, and locations allow
you to view the profitability of departments within your business.

b. Classes track the profitability of a specific customer, and locations show a summary of your
business' profitability.

c. Classes track the profitability of departments within your business, and locations track the
profitability of your transactions by city.

d. Classes help you manage profitability for your entire business, and locations limit profitability
to one address. - ANSWER-Correct answer is C.




QUESTION: For each statement select YES or NO to indicate whether or not it is included in the
number of billable users.

1. Reports only user

2. Standard user

3. Primary Admin (Previously known as master admin)

4. Time Tracking Only User - ANSWER-1. No

2. Yes

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3. Yes

4. No



QUESTION: Which Actions can you take from the dashboard select TRUE or FALSE.?




1. Review banking transactions



2. View customer open invoices




3. Add a new customer



4. Review expense totals for the previous month - ANSWER-True, False, True, True




QUESTION: For each statement regarding projects select TRUE or FALSE




1. Projects track job costs and income to show the profitability of each job.



2. Projects can only be used if you process payroll with OuickBooks Online payroll.




3. Projects are only available with OuickBooks Online Advanced.




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4. You can track the status of each project (in progress, completed, or canceled) - ANSWER-1.
True

2. False

3. False

4. True




QUESTION: Which of the following are TRUE about terms? (Choose all that apply.)

a. You can assign terms to customers and vendors from the terms dropdown list in the edit
window.

b. Once you assign the terms to your customer or vendor they cannot be changed.

c. New terms can only be added in the terms list by selecting the gear icon and all lists.

d. If you do not assign terms to your customer, OuickBooks will use the default terms in
settings.

e. OuickBooks Online will calculate early payment discounts included as part of the terms.

f. You can add or change terms on the transaction window in the terms drop-down list. -
ANSWER-A, D, F



Which of the following are features of OuickBooks Online Plus? (Choose 3.)

a. OuickBooks Online Plus includes up to 5 users.

b. OuickBooks Online Plus includes custom fields for vendor records.

c. OuickBooks Online Plus includes inventory tracking.

d. OuickBooks Online Plus includes project tracking.



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e. OuickBooks Online Plus allows you to customize user access with roles. - ANSWER-Correct
answers are A, C, and D.




QUESTION: How do you transfer the primary ad min (Previously known as master admin) rights
to a new user?

a. You must contact OuickBooks Online support to make the transfer.

b. Login as the current primary ad min, add the new user as an administrator. From the action
drop-down, choose make primary admin.

c. You cannot transfer primary admin rights

d. Any user can be designated as the primary admin in the gear, account and settings, user
setup. - ANSWER-Correct Answer is B.




QUESTION: Which list(s) can you import in OuickBooks Online Plus through the import data
screen? (select all that apply)

a. Products and services

b. Terms List

c. Customer List

d. Chart of Accounts

e. Payment Method List - ANSWER-A,C,D




QUESTION: For each type of recurring transaction (Scheduled, Reminder, Unscheduled) match it
with the description below.


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