QUICKBOOKS ONLINE ACTUAL TEST
PAPER COMPLETE QUESTIONS AND
ANSWERS FULL SOLUTION
●● While setting up a QuickBooks Online account, you accidentally
entered the wrong company address. How would you fix this error?
Answer: Change it in Account and Settings window, which you can
access by clicking the Gear icon and select Account and Settings.
●● If you use QuickBooks Online Plus, how do you charge a customer
for expenses you incurred on a project?
Answer: When entering the expense, enter the customer name and select
the Billable checkbox.
●● Your boss asks you to remove an account from the Chart of Accounts
(you don't use it anymore). How would you do this?
Answer: You can't delete an Account from QuickBooks.
●● Which transaction does not affect the customer's balance?
Answer: Estimate
●● Which transaction CANNOT be made recurring?
Answer: Deposit
, ●● What do you use Terms for in QuickBooks?
Answer: To determine when a customer's invoice is due.
●● Select the statement that's NOT true about using the QuickBooks app
on a mobile device.
Answer: You can do everything (all QuickBooks functionality) on the
app that can do in your regular QuickBooks (using a browser).
●● Your Accountant is upset that changes are being made to last year's
numbers. How can you stop this from happening?
Answer: In the Advanced section of the company settings, set a Closing
Date.
●● Which of the following statements is TRUE regarding products and
services?
Answer: When you purchase or sell a product, the value of the purchase
or sale flows to the account (and therefore the financial statement) you
selected when you set up the product or service.
●● Which is NOT a good reason to enter a General Journal Entry?
Answer: To avoid using the built-in forms (e.g. checks and invoices)
PAPER COMPLETE QUESTIONS AND
ANSWERS FULL SOLUTION
●● While setting up a QuickBooks Online account, you accidentally
entered the wrong company address. How would you fix this error?
Answer: Change it in Account and Settings window, which you can
access by clicking the Gear icon and select Account and Settings.
●● If you use QuickBooks Online Plus, how do you charge a customer
for expenses you incurred on a project?
Answer: When entering the expense, enter the customer name and select
the Billable checkbox.
●● Your boss asks you to remove an account from the Chart of Accounts
(you don't use it anymore). How would you do this?
Answer: You can't delete an Account from QuickBooks.
●● Which transaction does not affect the customer's balance?
Answer: Estimate
●● Which transaction CANNOT be made recurring?
Answer: Deposit
, ●● What do you use Terms for in QuickBooks?
Answer: To determine when a customer's invoice is due.
●● Select the statement that's NOT true about using the QuickBooks app
on a mobile device.
Answer: You can do everything (all QuickBooks functionality) on the
app that can do in your regular QuickBooks (using a browser).
●● Your Accountant is upset that changes are being made to last year's
numbers. How can you stop this from happening?
Answer: In the Advanced section of the company settings, set a Closing
Date.
●● Which of the following statements is TRUE regarding products and
services?
Answer: When you purchase or sell a product, the value of the purchase
or sale flows to the account (and therefore the financial statement) you
selected when you set up the product or service.
●● Which is NOT a good reason to enter a General Journal Entry?
Answer: To avoid using the built-in forms (e.g. checks and invoices)
