Quick Books Certification Exam Questions
and Correct Answers 2025
Why would you hide or collapse sub accounts on a report? - ANSWERS-To temporarily
hide unnecessary detail and hide parent accounts
What should you do after you click save & close on a customer credit memo? -
ANSWERS-Choose between retained as an available credit, give a refund or apply to
an invoice
Which of the following CAN be memorized in quickbooks? - ANSWERS-check
Which is NOT shown on the payroll summary report on quickbooks? - ANSWERS-
information necessary to complete your state unemployment tax form
The bank notified you that a customer's check you deposited has bounced. The
customer did not have sufficient funds to cover the check. What should you do? -
ANSWERS-Record a transaction to show the customer owes you the money and that
the checking balance decreased by that same amount
Suppose you always want all reports to show a specific size and color,how do you set
standard preference in quickbooks so you don't have to customize each report? -
ANSWERS-Click the edit menu and select preferences then click the reports and
graphs group to set preferences
Suppose you want to restrict which users can access customer credit card numbers.
How do you do this? - ANSWERS-Give the user access to sales and accounts
receivable but do not check the complete credit card numbers
Which of the following is a possible reason for a bank reconciliation discrepancy? -
ANSWERS-The beginning balance calculated by quickbooks does not match last
months ending balance
which of the following statements is TRUE regarding Undeposited funds? - ANSWERS-
It is an account used to record payments before you make a deposit
Which accounts are affected when you enter Time in quickbooks? - ANSWERS-
Accounts receivable
Workers who require a W2 tax form at the end of the year should be added to which of
the following lists? - ANSWERS-Employee
If you have customized report that you use each month, which feature lets you run the -
ANSWERS-Memorize Report
, What is the primary reason for setting a closing date in Quickbooks? - ANSWERS-To
restrict users from deleting, editing or adding transactions to last year
Your new employee earned an annual salary of $40,000. How do you enter this into
quickbooks? - ANSWERS-Enter 40,000 in the payroll info window
What steps must you complete to use the payroll center to pay payroll liabilities -
ANSWERS-set deposit frequencies
Name the section of the balance sheet - ANSWERS-Assets, Liabilities, Equity
When you create a new company file, quickbooks asks for your start date. What is the
best definition of the start date in quickbooks? - ANSWERS-The day you chose to start
recording the finacial records in quickbooks
Which of the following statements is NOT true regarding entering and paying bills in
quickbooks? - ANSWERS-If you use the enter bills window to record a bill, do not use
the write checks window or check register to pay that same bill
How do you use a different forms template when creating a new transaction? (i.e.
Invoice) - ANSWERS-Open the form, click the templates drop down list and select the
appropriate form
How do you change the report basis, accrual vs. cash for just one report? - ANSWERS-
Click the modify report button on the report and then choose accrual or cash on the
display pad
How would you track customer birth in quickbooks? - ANSWERS-Add a custom field to
the customer list
How do you change text in the header/footer of a report? - ANSWERS-Click the modify
report button on the report and the change the header footer tab
Where can you see a thumbnail sample of each report in quickbooks along with a
description of what the report tells you? - ANSWERS-Report center
What transaction in quickbooks should you use if your customer pays you when you
provide the goods or sevices? - ANSWERS-Sales receipt
How can you ensure that invoice detail does not appear on a customer statement? -
ANSWERS-Uncheck the show invoice item detail on statements box in the create
statements window
What is the purpose of backing up in quickbooks? - ANSWERS-To protect against data
loss from file corruption or a hard file crash
and Correct Answers 2025
Why would you hide or collapse sub accounts on a report? - ANSWERS-To temporarily
hide unnecessary detail and hide parent accounts
What should you do after you click save & close on a customer credit memo? -
ANSWERS-Choose between retained as an available credit, give a refund or apply to
an invoice
Which of the following CAN be memorized in quickbooks? - ANSWERS-check
Which is NOT shown on the payroll summary report on quickbooks? - ANSWERS-
information necessary to complete your state unemployment tax form
The bank notified you that a customer's check you deposited has bounced. The
customer did not have sufficient funds to cover the check. What should you do? -
ANSWERS-Record a transaction to show the customer owes you the money and that
the checking balance decreased by that same amount
Suppose you always want all reports to show a specific size and color,how do you set
standard preference in quickbooks so you don't have to customize each report? -
ANSWERS-Click the edit menu and select preferences then click the reports and
graphs group to set preferences
Suppose you want to restrict which users can access customer credit card numbers.
How do you do this? - ANSWERS-Give the user access to sales and accounts
receivable but do not check the complete credit card numbers
Which of the following is a possible reason for a bank reconciliation discrepancy? -
ANSWERS-The beginning balance calculated by quickbooks does not match last
months ending balance
which of the following statements is TRUE regarding Undeposited funds? - ANSWERS-
It is an account used to record payments before you make a deposit
Which accounts are affected when you enter Time in quickbooks? - ANSWERS-
Accounts receivable
Workers who require a W2 tax form at the end of the year should be added to which of
the following lists? - ANSWERS-Employee
If you have customized report that you use each month, which feature lets you run the -
ANSWERS-Memorize Report
, What is the primary reason for setting a closing date in Quickbooks? - ANSWERS-To
restrict users from deleting, editing or adding transactions to last year
Your new employee earned an annual salary of $40,000. How do you enter this into
quickbooks? - ANSWERS-Enter 40,000 in the payroll info window
What steps must you complete to use the payroll center to pay payroll liabilities -
ANSWERS-set deposit frequencies
Name the section of the balance sheet - ANSWERS-Assets, Liabilities, Equity
When you create a new company file, quickbooks asks for your start date. What is the
best definition of the start date in quickbooks? - ANSWERS-The day you chose to start
recording the finacial records in quickbooks
Which of the following statements is NOT true regarding entering and paying bills in
quickbooks? - ANSWERS-If you use the enter bills window to record a bill, do not use
the write checks window or check register to pay that same bill
How do you use a different forms template when creating a new transaction? (i.e.
Invoice) - ANSWERS-Open the form, click the templates drop down list and select the
appropriate form
How do you change the report basis, accrual vs. cash for just one report? - ANSWERS-
Click the modify report button on the report and then choose accrual or cash on the
display pad
How would you track customer birth in quickbooks? - ANSWERS-Add a custom field to
the customer list
How do you change text in the header/footer of a report? - ANSWERS-Click the modify
report button on the report and the change the header footer tab
Where can you see a thumbnail sample of each report in quickbooks along with a
description of what the report tells you? - ANSWERS-Report center
What transaction in quickbooks should you use if your customer pays you when you
provide the goods or sevices? - ANSWERS-Sales receipt
How can you ensure that invoice detail does not appear on a customer statement? -
ANSWERS-Uncheck the show invoice item detail on statements box in the create
statements window
What is the purpose of backing up in quickbooks? - ANSWERS-To protect against data
loss from file corruption or a hard file crash
