QUICKBOOKS CERTIFICATION
PRACTICE TEST #1 EXAM QUESTIONS
WITH COMPLETE SOLUTIONS
What is the maximum number of names that can be included on the Names lists in QB
Pro or Premier?
a) 1,000
b) 14,500
c) 10,000
d) 2,500 - Answer-b) 41,500
What transaction/form do you begin with to enter a Vendor Credit?
a) Vendor Credit
b) Enter Bill
c) Receive Vendor Credit
d) Pay Bills window - Answer-d) Pay Bills window
When setting up a new company through Advanced/Detailed set up, some company
information is optional and some is absolutely required. Which of the following pieces of
information does QB require you to enter during the Easy Step Interview?
a) All of these are correct
b) Company Name
c) Company password
d) Tax ID - Answer-b) Company Name
Suppose you have to track a specific piece of information about your customers that QB
does not track. What is the best way to do this?
a) Export the customer list to Excel, add the information there, and then re-import the
list
b) Use the 'Notes' feature for each customer
c) Edit a customer and click the "Additional Info" tab. Click 'Define fields' to create a
custom field to track anything you want
d) You can't create new fields or rename fields in QB - Answer-c) Edit a customer and
click the "Additional Info" tab. Click 'Define fields' to create a custom field to track
anything you want.
How do you set up multiple users in QB Pro or Premier?
a) During the loading screen when you install QB on that user's machine
b) Choose Edit > Preferences, and select the Authorized Users Preferences
c) Choose Company > Setup Users and Passwords > Setup Users
d) You can't set up multiple users in QB Pro or Premier, but only in QB Enterprise
Solutions or QB Online - Answer-c) Choose Company > Setup Users and Passwords >
Setup Users
, What report should you use to help you complete the State Unemployment tax forms?
a) Payroll Data Review
b) State Unemployment Report
c) Payroll Summary
d) Employee State Taxes Detail - Answer-d) Employee State Taxes Detail
You have customized and then memorized a report. What does QB save when
memorizing a report?
a) Everything. A memorized report is like a photographic snapshot of a report
b) Report header, filters, and columns, but not the actual transactions
c) Transactions only
d) Report header, filters, and transactions - Answer-b) Report header, filters, and
columns, but not the actual transactions
Suppose your address information appears on the upper left of your invoice and you
want to move it to the lower right. How would you do this?
a) Use the Custom Form Designer
b) Use the QB Print Engine Editor
c) Use the Layout Designer
d) Open the Financial Statement Designer - Answer-c) Use the Layout Designer
You notice that when you print an invoice, the information in a field is cut off. How can
you fix this?
a) Use the Layout designer to make the field wider
b) This can't happen in QB, as fields are automatically adjusted to fit whatever you type
c) Send the invoice to Word and use that form instead
d) Use a different invoice template - Answer-a) Use the Layout Designer to make the
field wider.
Why would you restore a data file from the backup file?
a) You wish to review the company data as it stood at an earlier date.
b) Your computer crashed. You reloaded QB, and now you are ready to open the
company file.
c) All of these are reasons to restore from the backup file
d) The company data file on your hard drive is damaged and cannot be used - Answer-
c) All of these are reasons to restore from the backup file
Which of the following Payroll Services are available with QB?
a) Assisted
b) All of these are correct
c) Basic
d) Enhanced - Answer-b) All of these are correct
What transaction should you enter if a customer returns a damaged product, or, in the
case of a service, complains so much you decide to offer a refund?
PRACTICE TEST #1 EXAM QUESTIONS
WITH COMPLETE SOLUTIONS
What is the maximum number of names that can be included on the Names lists in QB
Pro or Premier?
a) 1,000
b) 14,500
c) 10,000
d) 2,500 - Answer-b) 41,500
What transaction/form do you begin with to enter a Vendor Credit?
a) Vendor Credit
b) Enter Bill
c) Receive Vendor Credit
d) Pay Bills window - Answer-d) Pay Bills window
When setting up a new company through Advanced/Detailed set up, some company
information is optional and some is absolutely required. Which of the following pieces of
information does QB require you to enter during the Easy Step Interview?
a) All of these are correct
b) Company Name
c) Company password
d) Tax ID - Answer-b) Company Name
Suppose you have to track a specific piece of information about your customers that QB
does not track. What is the best way to do this?
a) Export the customer list to Excel, add the information there, and then re-import the
list
b) Use the 'Notes' feature for each customer
c) Edit a customer and click the "Additional Info" tab. Click 'Define fields' to create a
custom field to track anything you want
d) You can't create new fields or rename fields in QB - Answer-c) Edit a customer and
click the "Additional Info" tab. Click 'Define fields' to create a custom field to track
anything you want.
How do you set up multiple users in QB Pro or Premier?
a) During the loading screen when you install QB on that user's machine
b) Choose Edit > Preferences, and select the Authorized Users Preferences
c) Choose Company > Setup Users and Passwords > Setup Users
d) You can't set up multiple users in QB Pro or Premier, but only in QB Enterprise
Solutions or QB Online - Answer-c) Choose Company > Setup Users and Passwords >
Setup Users
, What report should you use to help you complete the State Unemployment tax forms?
a) Payroll Data Review
b) State Unemployment Report
c) Payroll Summary
d) Employee State Taxes Detail - Answer-d) Employee State Taxes Detail
You have customized and then memorized a report. What does QB save when
memorizing a report?
a) Everything. A memorized report is like a photographic snapshot of a report
b) Report header, filters, and columns, but not the actual transactions
c) Transactions only
d) Report header, filters, and transactions - Answer-b) Report header, filters, and
columns, but not the actual transactions
Suppose your address information appears on the upper left of your invoice and you
want to move it to the lower right. How would you do this?
a) Use the Custom Form Designer
b) Use the QB Print Engine Editor
c) Use the Layout Designer
d) Open the Financial Statement Designer - Answer-c) Use the Layout Designer
You notice that when you print an invoice, the information in a field is cut off. How can
you fix this?
a) Use the Layout designer to make the field wider
b) This can't happen in QB, as fields are automatically adjusted to fit whatever you type
c) Send the invoice to Word and use that form instead
d) Use a different invoice template - Answer-a) Use the Layout Designer to make the
field wider.
Why would you restore a data file from the backup file?
a) You wish to review the company data as it stood at an earlier date.
b) Your computer crashed. You reloaded QB, and now you are ready to open the
company file.
c) All of these are reasons to restore from the backup file
d) The company data file on your hard drive is damaged and cannot be used - Answer-
c) All of these are reasons to restore from the backup file
Which of the following Payroll Services are available with QB?
a) Assisted
b) All of these are correct
c) Basic
d) Enhanced - Answer-b) All of these are correct
What transaction should you enter if a customer returns a damaged product, or, in the
case of a service, complains so much you decide to offer a refund?
