Quickbooks Certification
Which 2 QuickBooks Online billing options include a discount on QuickBooks
Time?
A. ProAdvisor discount
B. Direct discount
C. Revenue share correct answersA. ProAdvisor discount
B. Direct discount
Where would you go to enable account numbering in the chart of accounts?
A. The Chart of accounts tab in Account and Settings
B. The Customization option from Accountant Tools
C. The Advanced tab in Account and Settings
D.The Enable account numbers slider from the Chart of Accounts
screen correct answersC. The Advanced tab in Account and Settings
A client tells you they can't convert an estimate to a
purchase order. Which 2 of these might be the reason?
E. They haven't added QuickBooks Payments to their
company
F. They use QuickBooks Online Simple Start or Essentials
G. They haven't enabled purchase orders in Account and
Settings
H. They're not set up as Company admin
I.The estimate hasn't been sent correct answersB. They use
QuickBooks Online Simple Start or Essentials
C. They haven't enabled purchase orders in Account and Settings
Which feature in QuickBooks Online allows you to apply a refund to an
existing or future bill?
A. Delayed charge
B. Vendor credit
C. Delayed credit
D. Credit memo correct answersB. Vendor credit
How could a client move funds from a savings account into a checking
account?
A. That kind of transaction can only be created and recorded by an
accountant via Accountant Tools in QuickBooks Online Accountant
B. By using the Transfer feature by selecting + New, then Transfer, and
entering the details
C. By using the Receive payment feature by selecting + New, then
Receive payment and selecting Checking in the Deposit to field
D. By navigating to the Banking center, selecting Add transfer, and entering
the details correct answersB. By using the Transfer feature by selecting +
New, then Transfer, and entering the details
,One of your retail clients has had a store for about 2 years and, due to
demand, is hoping to open a second store. They've asked you how much
money they can afford to spend.
Which report would you suggest they use?
A. Profit and Loss report
B. Balance Sheet report
C. Expenses by Vendor Summary report
D. Accounts Payable (A/P) report correct answersB. Balance Sheet report
A client who pays for their QuickBooks Online subscription directly wants
to upgrade their subscription level.
Where in QuickBooks Online Accountant would you find the link to do
this?
E. In the Subscriptions and billing section, on the Accountant-billed
subscriptions tab
F. In the Clients menu from the left-hand navigation, under the Actions
column
G. In the Subscriptions and billing section, on the Client-billed
subscriptions tab
H.In the Accountant Tools panel, under Quick Links correct
answersC. In the Subscriptions and billing section, on the Client-
billed subscriptions tab
Your client has been using the QuickBooks Online Mileage Tracker throughout
the year. It's nearing year end and you're preparing the log for auto expense
deduction.
Which 3 of the tasks below should be completed to prepare the log for
auto expense deductions at year end?
I. Look for vehicle changes (bought or sold)
J. View all the recorded trips, ensuring none are left unreviewed
K. Set the dollar rate per mile manually
L. Check the calculated mileage
M.Reconcile the Reimbursable mileage account correct answersA. Look
for vehicle changes (bought or sold)
B. View all the recorded trips, ensuring none are left unreviewed
D. Check the calculated mileage
Which of these statements about estimates in QuickBooks Online Plus and
Advanced are true? Select all that apply.
A. Estimates are posting transactions
B. Estimate data can be used to create a purchase order
C. Estimate data can be used to create a vendor credit
D. Estimate data can be used to create an invoice correct answersB & D
Which billing options allow clients to pay their QuickBooks Online
subscription fees directly themselves? Select all that apply.
A. ProAdvisor discount
B. Revenue share
C. Direct discount
D. Only clients who sign up for QuickBooks Online themselves are billed
directly correct answersB & C
,Which of the following are benefits of using QuickBooks Time? Select all that
apply.
A. It offers easy access to timesheets anywhere
B. It automates the 1099 filing process
C. It allows administrators to schedule the work of the business
D. It offers specific time-related reports
E. It allows employees to manage each other's timesheets correct answersA,
C, D
Which option from the left-hand navigation would you select to locate
the Client onboarding template?
F. Apps
G. Work
H. Team
I. ProAdvisor correct answersB. Work
Which of the following options is NOT true regarding editing a chart
of accounts?
J. Account numbers can be up to 20 digits long
K. All transactions are deleted from an account if you make it inactive
L. Merging accounts isn't possible for all account types
M.You can make an account active once it has been made inactive
correct answersB. All transactions are deleted from an account if you make
it inactive
Where can you go to import a customer list into QuickBooks Online?
Select all that apply.
N. Customer types, then select Import customers
O. The Gear icon, then select Import data
P. The Gear icon, then select Account and settings
Q. New customer, then select Import customers
R.The down arrow by New customer, then select Import customers correct
answersB & E
Which of the following statements about adding sub-categories to the
product and services list are correct? Select all that apply.
S. You can only add 1 sub-category level to a product category
T. You can edit existing product/service items to assign them to a sub-
category
U. You can only add up to 4 category and sub-category levels, including
the parent
V. You can create a sub-category when you're setting up a new
product/service item
W.You can only assign a product or service item to a sub-category when
you're setting it up for the first time correct answersB. You can edit existing
product/service items to assign them to a sub-category
C. You can only add up to 4 category and sub-category levels, including the
parent
You can only add a product sub-category when you select New category
from the Product Categories list. Once you've created a sub-category, you
can assign new and existing product/service items to it.
What should you select to remove a vendor from the list?
, A. The Delete option from the dropdown in the Action column
B. The Delete button from the Vendor information screen
C. The Make inactive option from the down arrow next to the New vendor
button
D.The Make inactive option from the dropdown in the Action column
correct answersD. The Make inactive option from the dropdown in the Action
column
One of your clients asks you to give a new employee access to QuickBooks
Online. The employee will be dealing with all aspects of the business,
including payroll, but they shouldn't have any admin privileges.
What user type should you choose when you add the employee?
E. Company admin
F. Primary admin
G. Standard all access
H. Standard limited access correct answersC. Standard all access
Who can add apps to client company accounts?
I. Only the primary admin can add apps to a company account
J. Anyone with access to apps.com can add apps
K.Anyone with access to the company account can add apps, but only
Admin users can add Premium Apps
L.Only Admin users can add apps to a company account correct
answersD. Only Admin users can add apps to a company account
Which of the following statements about adding a new custom field in
QuickBooks Online Plus are correct? Select all that apply.
M.You can add the same custom field to sales forms and purchase
orders
N. You can add up to 3 custom fields to sales forms and purchases
orders
O. Custom fields are included on printed and emailed forms by default
P. You can add a custom field to either sales forms or purchase orders,
but not both
Q.You can add up to 12 custom fields to sales forms, but only 3 to
purchase orders correct answersA. You can add the same custom field to
sales forms and purchase orders
B. You can add up to 3 custom fields to sales forms and purchases orders
Which of these statements about estimates in QuickBooks Online Plus and
Advanced are true? Select all that apply.
A. Estimates are posting transactions
B. Estimate data can be used to create a purchase order
C. Estimate data can be used to create a vendor credit
D. Estimate data can be used to create an invoice correct answersB & D
Estimates are non-posting transactions and can be used to create purchase
orders and invoices.
A client wants to create customer statements for several customers at
once. What would you do in the Customers tab of the Sales center to
achieve this?
Which 2 QuickBooks Online billing options include a discount on QuickBooks
Time?
A. ProAdvisor discount
B. Direct discount
C. Revenue share correct answersA. ProAdvisor discount
B. Direct discount
Where would you go to enable account numbering in the chart of accounts?
A. The Chart of accounts tab in Account and Settings
B. The Customization option from Accountant Tools
C. The Advanced tab in Account and Settings
D.The Enable account numbers slider from the Chart of Accounts
screen correct answersC. The Advanced tab in Account and Settings
A client tells you they can't convert an estimate to a
purchase order. Which 2 of these might be the reason?
E. They haven't added QuickBooks Payments to their
company
F. They use QuickBooks Online Simple Start or Essentials
G. They haven't enabled purchase orders in Account and
Settings
H. They're not set up as Company admin
I.The estimate hasn't been sent correct answersB. They use
QuickBooks Online Simple Start or Essentials
C. They haven't enabled purchase orders in Account and Settings
Which feature in QuickBooks Online allows you to apply a refund to an
existing or future bill?
A. Delayed charge
B. Vendor credit
C. Delayed credit
D. Credit memo correct answersB. Vendor credit
How could a client move funds from a savings account into a checking
account?
A. That kind of transaction can only be created and recorded by an
accountant via Accountant Tools in QuickBooks Online Accountant
B. By using the Transfer feature by selecting + New, then Transfer, and
entering the details
C. By using the Receive payment feature by selecting + New, then
Receive payment and selecting Checking in the Deposit to field
D. By navigating to the Banking center, selecting Add transfer, and entering
the details correct answersB. By using the Transfer feature by selecting +
New, then Transfer, and entering the details
,One of your retail clients has had a store for about 2 years and, due to
demand, is hoping to open a second store. They've asked you how much
money they can afford to spend.
Which report would you suggest they use?
A. Profit and Loss report
B. Balance Sheet report
C. Expenses by Vendor Summary report
D. Accounts Payable (A/P) report correct answersB. Balance Sheet report
A client who pays for their QuickBooks Online subscription directly wants
to upgrade their subscription level.
Where in QuickBooks Online Accountant would you find the link to do
this?
E. In the Subscriptions and billing section, on the Accountant-billed
subscriptions tab
F. In the Clients menu from the left-hand navigation, under the Actions
column
G. In the Subscriptions and billing section, on the Client-billed
subscriptions tab
H.In the Accountant Tools panel, under Quick Links correct
answersC. In the Subscriptions and billing section, on the Client-
billed subscriptions tab
Your client has been using the QuickBooks Online Mileage Tracker throughout
the year. It's nearing year end and you're preparing the log for auto expense
deduction.
Which 3 of the tasks below should be completed to prepare the log for
auto expense deductions at year end?
I. Look for vehicle changes (bought or sold)
J. View all the recorded trips, ensuring none are left unreviewed
K. Set the dollar rate per mile manually
L. Check the calculated mileage
M.Reconcile the Reimbursable mileage account correct answersA. Look
for vehicle changes (bought or sold)
B. View all the recorded trips, ensuring none are left unreviewed
D. Check the calculated mileage
Which of these statements about estimates in QuickBooks Online Plus and
Advanced are true? Select all that apply.
A. Estimates are posting transactions
B. Estimate data can be used to create a purchase order
C. Estimate data can be used to create a vendor credit
D. Estimate data can be used to create an invoice correct answersB & D
Which billing options allow clients to pay their QuickBooks Online
subscription fees directly themselves? Select all that apply.
A. ProAdvisor discount
B. Revenue share
C. Direct discount
D. Only clients who sign up for QuickBooks Online themselves are billed
directly correct answersB & C
,Which of the following are benefits of using QuickBooks Time? Select all that
apply.
A. It offers easy access to timesheets anywhere
B. It automates the 1099 filing process
C. It allows administrators to schedule the work of the business
D. It offers specific time-related reports
E. It allows employees to manage each other's timesheets correct answersA,
C, D
Which option from the left-hand navigation would you select to locate
the Client onboarding template?
F. Apps
G. Work
H. Team
I. ProAdvisor correct answersB. Work
Which of the following options is NOT true regarding editing a chart
of accounts?
J. Account numbers can be up to 20 digits long
K. All transactions are deleted from an account if you make it inactive
L. Merging accounts isn't possible for all account types
M.You can make an account active once it has been made inactive
correct answersB. All transactions are deleted from an account if you make
it inactive
Where can you go to import a customer list into QuickBooks Online?
Select all that apply.
N. Customer types, then select Import customers
O. The Gear icon, then select Import data
P. The Gear icon, then select Account and settings
Q. New customer, then select Import customers
R.The down arrow by New customer, then select Import customers correct
answersB & E
Which of the following statements about adding sub-categories to the
product and services list are correct? Select all that apply.
S. You can only add 1 sub-category level to a product category
T. You can edit existing product/service items to assign them to a sub-
category
U. You can only add up to 4 category and sub-category levels, including
the parent
V. You can create a sub-category when you're setting up a new
product/service item
W.You can only assign a product or service item to a sub-category when
you're setting it up for the first time correct answersB. You can edit existing
product/service items to assign them to a sub-category
C. You can only add up to 4 category and sub-category levels, including the
parent
You can only add a product sub-category when you select New category
from the Product Categories list. Once you've created a sub-category, you
can assign new and existing product/service items to it.
What should you select to remove a vendor from the list?
, A. The Delete option from the dropdown in the Action column
B. The Delete button from the Vendor information screen
C. The Make inactive option from the down arrow next to the New vendor
button
D.The Make inactive option from the dropdown in the Action column
correct answersD. The Make inactive option from the dropdown in the Action
column
One of your clients asks you to give a new employee access to QuickBooks
Online. The employee will be dealing with all aspects of the business,
including payroll, but they shouldn't have any admin privileges.
What user type should you choose when you add the employee?
E. Company admin
F. Primary admin
G. Standard all access
H. Standard limited access correct answersC. Standard all access
Who can add apps to client company accounts?
I. Only the primary admin can add apps to a company account
J. Anyone with access to apps.com can add apps
K.Anyone with access to the company account can add apps, but only
Admin users can add Premium Apps
L.Only Admin users can add apps to a company account correct
answersD. Only Admin users can add apps to a company account
Which of the following statements about adding a new custom field in
QuickBooks Online Plus are correct? Select all that apply.
M.You can add the same custom field to sales forms and purchase
orders
N. You can add up to 3 custom fields to sales forms and purchases
orders
O. Custom fields are included on printed and emailed forms by default
P. You can add a custom field to either sales forms or purchase orders,
but not both
Q.You can add up to 12 custom fields to sales forms, but only 3 to
purchase orders correct answersA. You can add the same custom field to
sales forms and purchase orders
B. You can add up to 3 custom fields to sales forms and purchases orders
Which of these statements about estimates in QuickBooks Online Plus and
Advanced are true? Select all that apply.
A. Estimates are posting transactions
B. Estimate data can be used to create a purchase order
C. Estimate data can be used to create a vendor credit
D. Estimate data can be used to create an invoice correct answersB & D
Estimates are non-posting transactions and can be used to create purchase
orders and invoices.
A client wants to create customer statements for several customers at
once. What would you do in the Customers tab of the Sales center to
achieve this?
