Quickbooks Online Exam (Updated) questions with
correct answers
QuickbooksSonline,SwhatSisStheSdifferenceSbetweenSvoidingSandSdeletingSaScheck?S-
SCORRECTSANSWERSD.SVoidingSaScheckSkeepsSitSinSreportsSbutSreducesSitsSvalueStoSzeroS
DeletingSaScheckSremovesSitSfromSreportsSotherSthanStheSAuditSLog.
WhichSthreeStasksScanSyouSperformSwhenSusingSBankSFeedsSinStheSBankingSarea?S(ChooseS3)S-
SCORRECTSANSWERSA.SIssueSaSStopSPaymentSrequestSforSaScheckS
B.SMatchStransactionsSenteredSinSQuickbooksStoStheSbankSinformationSasStheySclearStheSbank.
D.SUnreconcileSaSpreviouslySclearedStransaction
MoveSeachSfinancialSreportSfromStheSlistSonStheSleftStoStheScorrectSdescriptionSonStheSright.S
1)SShowSassets,Sliabilities,SandSequitySatSoneSpointSinStime.
2)SUsedStoSunderstandSchangesSinSrevenuesSandSexpendituresS
3)SShowsSincome,Sexpenses,SandSnetSincomeSduringSaSspecificStimeSperiod.
4)SProvidesSinformationSaboutStheScurrentSfinancialShealthSofSaSbusiness.S-
SCORRECTSANSWERS1)SBalanceSsheetS
2)SProfitSandSlossSstatementS
3)SProfitSandSlossSstatementS
4)SBalanceSsheet
ForSeachSstatementSaboutSmanagingSunbilledSexpensesSinSQuickbooksSOnline,SselectSTrueSorSFalse
.
1)STheSunbilledScostsSbySjobSreportSdisplaysStheSunbilledSexpensesS
2)SIfSyouSclearStheSbillableScheckSboxSforSaScost,SitSisSnoSlongerSaSbusinessSexpense.
3)SYouScanSchangeStheSbillableSstatusSofSaScostSbySselectingSorSclearingStheSBillableScheckSboxSonSth
eScheck.S-SCORRECTSANSWERS1)STrueS
, 2)SFalse
3)STrue
ForSeachSaspectSofSaSreport,SselectSYESSisSyouScanScustomizeSthatSaspectSorSNoSifSyouScannot.
1)STheSdataSrangeS
2)STheSaccountingS
3)STheSwaySnumbersSareSformattedS-SCORRECTSANSWERS1)SYes
2)SYes
3)SNo
ForSeachSstatementSaboutSQuickbooksSOnlineSPlus,SselectSTrueSorSFalseS
1)SQuickbooksSOnlineSPlusSprovidesSinventoryStrackingS
2)SQuickbooksSOnlineSPlusSallowsSupStoS5SuserSlicenseS
3)SQuickbooksSOnlineSPlusSprovidesSprojectSprofitabilityStracking.S
4)SQuickbooksSOnlineSPlusSincludesSPayrollSsupportSatSnoSadditionalScost.S-
SCORRECTSANSWERS1)STrue
2)STrueS
3)STrue
4)SFalse
ForSeachSstatementSaboutStheSCashSFlowSStatement,SselectSTrueSorSFalse
1)SifSshowsSaSbusiness'sSassets,Sliabilities,SandSequity
2)SItSsummarizesStheScashSflowingSinSandSoutSofSaSbusinessS
3)SItSisSdividedSintroSthreeSsections:SOperations,SInvestments,SandSFinancing
4)SItSisSanotherSnameSforSanSincomeSstatementSforScompaniesSthatSuseSaccrualSaccountingS-
SCORRECTSANSWERS1)SFalse
2)STrueS
correct answers
QuickbooksSonline,SwhatSisStheSdifferenceSbetweenSvoidingSandSdeletingSaScheck?S-
SCORRECTSANSWERSD.SVoidingSaScheckSkeepsSitSinSreportsSbutSreducesSitsSvalueStoSzeroS
DeletingSaScheckSremovesSitSfromSreportsSotherSthanStheSAuditSLog.
WhichSthreeStasksScanSyouSperformSwhenSusingSBankSFeedsSinStheSBankingSarea?S(ChooseS3)S-
SCORRECTSANSWERSA.SIssueSaSStopSPaymentSrequestSforSaScheckS
B.SMatchStransactionsSenteredSinSQuickbooksStoStheSbankSinformationSasStheySclearStheSbank.
D.SUnreconcileSaSpreviouslySclearedStransaction
MoveSeachSfinancialSreportSfromStheSlistSonStheSleftStoStheScorrectSdescriptionSonStheSright.S
1)SShowSassets,Sliabilities,SandSequitySatSoneSpointSinStime.
2)SUsedStoSunderstandSchangesSinSrevenuesSandSexpendituresS
3)SShowsSincome,Sexpenses,SandSnetSincomeSduringSaSspecificStimeSperiod.
4)SProvidesSinformationSaboutStheScurrentSfinancialShealthSofSaSbusiness.S-
SCORRECTSANSWERS1)SBalanceSsheetS
2)SProfitSandSlossSstatementS
3)SProfitSandSlossSstatementS
4)SBalanceSsheet
ForSeachSstatementSaboutSmanagingSunbilledSexpensesSinSQuickbooksSOnline,SselectSTrueSorSFalse
.
1)STheSunbilledScostsSbySjobSreportSdisplaysStheSunbilledSexpensesS
2)SIfSyouSclearStheSbillableScheckSboxSforSaScost,SitSisSnoSlongerSaSbusinessSexpense.
3)SYouScanSchangeStheSbillableSstatusSofSaScostSbySselectingSorSclearingStheSBillableScheckSboxSonSth
eScheck.S-SCORRECTSANSWERS1)STrueS
, 2)SFalse
3)STrue
ForSeachSaspectSofSaSreport,SselectSYESSisSyouScanScustomizeSthatSaspectSorSNoSifSyouScannot.
1)STheSdataSrangeS
2)STheSaccountingS
3)STheSwaySnumbersSareSformattedS-SCORRECTSANSWERS1)SYes
2)SYes
3)SNo
ForSeachSstatementSaboutSQuickbooksSOnlineSPlus,SselectSTrueSorSFalseS
1)SQuickbooksSOnlineSPlusSprovidesSinventoryStrackingS
2)SQuickbooksSOnlineSPlusSallowsSupStoS5SuserSlicenseS
3)SQuickbooksSOnlineSPlusSprovidesSprojectSprofitabilityStracking.S
4)SQuickbooksSOnlineSPlusSincludesSPayrollSsupportSatSnoSadditionalScost.S-
SCORRECTSANSWERS1)STrue
2)STrueS
3)STrue
4)SFalse
ForSeachSstatementSaboutStheSCashSFlowSStatement,SselectSTrueSorSFalse
1)SifSshowsSaSbusiness'sSassets,Sliabilities,SandSequity
2)SItSsummarizesStheScashSflowingSinSandSoutSofSaSbusinessS
3)SItSisSdividedSintroSthreeSsections:SOperations,SInvestments,SandSFinancing
4)SItSisSanotherSnameSforSanSincomeSstatementSforScompaniesSthatSuseSaccrualSaccountingS-
SCORRECTSANSWERS1)SFalse
2)STrueS