Accounting Certification Test Guide for
Students
product or ser-
vice in QuickBooks Online? (Choose
three)
5. When should you not delete a
1. You're setting up a new check?
customer. How do you
tell QuickBooks that this 6. Which of the following statements
cus- tomer's invoices are true re- garding vendor credits?
should be due 30 days (Choose 2)
after they're is- sued?
7. Select three statements
2. Your boss wants to know
if there are any overdue
bills. What report would
you run to give him this
informa- tion?
3. What is the purpose of
the Audit Log report?
4. Which three
statements are true
about settings up a
1/
11
, Accounting Certification Test Guide for
Students
Set the customer's Terms to Net30 details section of the vendor credit, the inventory quantity
on hand balance would decrease.
1. A journal entry must have a date.
Accounts Payable Aging Report
To track any changes and deletions to
transactions, as well as track which user
makes the change or deletion
1. You can use one product/service to
represent ditterent services or goods.
2. Products/Services allow you to
track your sales in more detail without
cluttering your Chart of Accounts or
Profit & Loss.
3. To create an invoice, you can use
either a product or a service.
You printed a check, and the check
number has been used.
1. Vendor credit memos decrease
what you owe to the vendor.
2. If an inventory item is entered in
the product/service field of the item
2/
11
Students
product or ser-
vice in QuickBooks Online? (Choose
three)
5. When should you not delete a
1. You're setting up a new check?
customer. How do you
tell QuickBooks that this 6. Which of the following statements
cus- tomer's invoices are true re- garding vendor credits?
should be due 30 days (Choose 2)
after they're is- sued?
7. Select three statements
2. Your boss wants to know
if there are any overdue
bills. What report would
you run to give him this
informa- tion?
3. What is the purpose of
the Audit Log report?
4. Which three
statements are true
about settings up a
1/
11
, Accounting Certification Test Guide for
Students
Set the customer's Terms to Net30 details section of the vendor credit, the inventory quantity
on hand balance would decrease.
1. A journal entry must have a date.
Accounts Payable Aging Report
To track any changes and deletions to
transactions, as well as track which user
makes the change or deletion
1. You can use one product/service to
represent ditterent services or goods.
2. Products/Services allow you to
track your sales in more detail without
cluttering your Chart of Accounts or
Profit & Loss.
3. To create an invoice, you can use
either a product or a service.
You printed a check, and the check
number has been used.
1. Vendor credit memos decrease
what you owe to the vendor.
2. If an inventory item is entered in
the product/service field of the item
2/
11
