Certified Quickbooks User Program-
Practice Exam V2010 2026 Questions and
Answers
What is the first step when you create a new company file? - Correct answer-Click
the file menu and select new company.
How do you remove transactions from company file? - Correct answer-Click the
FILE menu and select Utilities> Clean up company data from menu. Then, choose
the Remove All transactions option.
Which is one of the two types of lists in Quickbooks? - Correct answer-Menu-
Based
Workers who require a W-2 tax form at the end of the year should be added to
which of the following lists? - Correct answer-Employees
How do you merge two entries on a list? - Correct answer-Edit the unwanted list
entry. Change the name to match the name you want to merge into. Click OK.
Then, click YES when prompted to merge the names.
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
, How do you make a "menu-based" list entry inactive (such as an item on the item
list? - Correct answer-Open the Item list. Click to select appropriate item. Then,
Click bottom left item button and select Make item Inactive.
What can you do in the Report Center? - Correct answer-Run most reports in
Quickbooks.
Accountants designed two primary financial statements to summarize the chart of
Accounts. Which of the following is one of these reports? - Correct answer-
Balance Sheet
How do you hide the sub account detail on a report? - Correct answer-click the
collapse button. .
In what way do Items act as "pointers" to the financial statements? - Correct
answer-When you sell an item the sales dollars flow to the correct account on the
financial statements.
What should you do if you will likely sell a service only once? - Correct answer-
Set up a "catch all" item
What item type would be nest for something like "shipping" ? - Correct answer-
other charge
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
Practice Exam V2010 2026 Questions and
Answers
What is the first step when you create a new company file? - Correct answer-Click
the file menu and select new company.
How do you remove transactions from company file? - Correct answer-Click the
FILE menu and select Utilities> Clean up company data from menu. Then, choose
the Remove All transactions option.
Which is one of the two types of lists in Quickbooks? - Correct answer-Menu-
Based
Workers who require a W-2 tax form at the end of the year should be added to
which of the following lists? - Correct answer-Employees
How do you merge two entries on a list? - Correct answer-Edit the unwanted list
entry. Change the name to match the name you want to merge into. Click OK.
Then, click YES when prompted to merge the names.
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
, How do you make a "menu-based" list entry inactive (such as an item on the item
list? - Correct answer-Open the Item list. Click to select appropriate item. Then,
Click bottom left item button and select Make item Inactive.
What can you do in the Report Center? - Correct answer-Run most reports in
Quickbooks.
Accountants designed two primary financial statements to summarize the chart of
Accounts. Which of the following is one of these reports? - Correct answer-
Balance Sheet
How do you hide the sub account detail on a report? - Correct answer-click the
collapse button. .
In what way do Items act as "pointers" to the financial statements? - Correct
answer-When you sell an item the sales dollars flow to the correct account on the
financial statements.
What should you do if you will likely sell a service only once? - Correct answer-
Set up a "catch all" item
What item type would be nest for something like "shipping" ? - Correct answer-
other charge
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
