QuickBooks - Exam
Review Questions and
Complete Solutions
Graded A+
Which report will show the revenue by customer?
// Sales by Customer
// Customer Balance Summary
// Accounts Receivable Summary - Answer: Sales by Customer
Which report will display total unpaid balances for each customer, grouped by days past due?
Hint : Navigation
// Accounts Receivable Aging Summary
// Profit & Loss
// Accounts Payable Aging Summary - Answer: Accounts Receivable Aging Summary
When viewing reports in QuickBooks Online, what are the two options for exporting a report?
// Word & Excel
// JPEG & FIF
// Excel & PDF - Answer: Excel & PDF
What symbol do you click on to export the report?
, Hint : Navigation > Reports
// Square & Arrow
// Gear
// Envelope - Answer: Square & Arrow
When searching for a transaction for dollar amount, what is the best way to find transactions?
// All transactions, Reference no.
// Expenses, Payee
// All transaction lines, amount - Answer: all transactions lines, amount
When searching for a check, which fields can be used to search?
// Expense, reference no.
// Check number, amount, payee
// Expense, payee, amount - Answer: Check number, amount, payee
Where does one go to find the most recent expense that was entered?
// Expenses > Expense
// Banking > Receipts
// +New > Vendors > Expense > clock on tope left - Answer: +New > Vendors > Expense > clock on the
top left
Which of the following is NOT an appropriate path that one can use to create an expense account?
// Gear > Lists > Chart of Accounts > New
// +New > Other > Expense > New
Review Questions and
Complete Solutions
Graded A+
Which report will show the revenue by customer?
// Sales by Customer
// Customer Balance Summary
// Accounts Receivable Summary - Answer: Sales by Customer
Which report will display total unpaid balances for each customer, grouped by days past due?
Hint : Navigation
// Accounts Receivable Aging Summary
// Profit & Loss
// Accounts Payable Aging Summary - Answer: Accounts Receivable Aging Summary
When viewing reports in QuickBooks Online, what are the two options for exporting a report?
// Word & Excel
// JPEG & FIF
// Excel & PDF - Answer: Excel & PDF
What symbol do you click on to export the report?
, Hint : Navigation > Reports
// Square & Arrow
// Gear
// Envelope - Answer: Square & Arrow
When searching for a transaction for dollar amount, what is the best way to find transactions?
// All transactions, Reference no.
// Expenses, Payee
// All transaction lines, amount - Answer: all transactions lines, amount
When searching for a check, which fields can be used to search?
// Expense, reference no.
// Check number, amount, payee
// Expense, payee, amount - Answer: Check number, amount, payee
Where does one go to find the most recent expense that was entered?
// Expenses > Expense
// Banking > Receipts
// +New > Vendors > Expense > clock on tope left - Answer: +New > Vendors > Expense > clock on the
top left
Which of the following is NOT an appropriate path that one can use to create an expense account?
// Gear > Lists > Chart of Accounts > New
// +New > Other > Expense > New
