Quickbooks Certification Questions and answers New100% verified correct 2025/2026

Quickbooks Certification Questions and answers
New100% verified correct 2025/2026
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Why must you set deposit frequencies for the taxes or deductions your company has to pay
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(Payroll Liabilities)? - Correct Answers So that Payroll Liabilities show yp in the Pay Taxes & Other
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Liabilities list in the Payroll Center
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Il` What are the first two steps to set up payroll in Quickbooks? - Correct Answers 1) Sign up for a
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Il` payroll services; and 2) complete the Payroll Setup Interview
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Il` What are the 2 main Financial Statements you can run from the "Company and Financial"
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Il` category of reports? - Correct Answers Balance Sheet. Profit and Loss
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Il` What are the main sections of the Profit & Loss? - Correct Answers Income, Cost of Goods Sold,
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Il` and Expenses
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Il` How do you move columns on a report? - Correct Answers Move your cursors over the column
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Il` heading, and when it becomes a hand, click and drag the column to the desired position.
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Il` How do you create a memorized group of reports? - Correct Answers Open the Memorized
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Il` Report List and then Click Memorized Report > New Group
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Il` What happens if you double-click a diamond on a report column? - Correct Answers None of the
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Il` above



Il` Which of the following reports answers the question "What transactions make up the current
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Il` balance I owe each Vendor"? - Correct Answers Vendor Balance Detail
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, Il` You sent Quickbooks a report to Excel and made some changes. How do you import the changes
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Il` back to Quickbooks? - Correct Answers You can't import changes in Excel back to Quickbooks.
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Il` You've been hired by a company that started in 1911. They've never used QuickBooks. During the
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Il` Advanced/Detailed Setup, what "State Date" should you use in the EasyStep Interview? - Correct Il` Il` Il` Il` Il` Il` Il` Il` Il` Il` Il` Il` Il` Il`




Il` Answers The date you want to begin tracking the company's finances in Quickbooks.
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Il` Which of the following CANNOT be entered during the setup of a new company (Express Start or
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Il` Advanced/Detailed Setup) file? - Correct Answers Trial Balance opening balances Il` Il` Il` Il` Il` Il` Il` Il` Il` Il` Il` Il` Il`




Il` How do you customize Quickbooks by changing the color scheme and adding or removing icons
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Il` from the Home page? - Correct Answers Choose Edit > Preferences > Desktop View
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Il` ??? - Correct Answers Click the Formatting Tab at the top of the form; then click Customize Data
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Il` Layout



Il` You need to enter the same transaction each month (for example, an insurance payment). How
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Il` can you automate this process in Quickbooks? - Correct Answers While the transaction is on the
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Il` screen, choose Edit > Memorize check (or the name of the transaction).
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Il` How do you set up multiple users in QuickBooks Pro or Premier? - Correct Answers Choose
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Il` Company > Set Up Users and Passwords > Set Up Users Il` Il` Il` Il` Il` Il` Il` Il` Il` Il`




Il` What is the maximum number of names that cab be included on he Names lists in QuickBooks Pro
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Il` or Premier? - Correct Answers 14,500
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Il` What keyboard shortcut allows you to see a total for all four names lists? - Correct Answers F2
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