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    Review Answers

    Uploaded by

    Dennis lugod
    The document contains a review of answers to 15 multiple choice questions about features and functions in QuickBooks Online. It prompts the user to review their answers before submitting and notifies that answers cannot be changed afterwards. The questions cover topics like sections for reviewing company books, determining client needs, subscription levels, importing lists, item types, and removing vendors.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Review Answers

    Uploaded by

    Dennis lugod
    138 views5 pages
    The document contains a review of answers to 15 multiple choice questions about features and functions in QuickBooks Online. It prompts the user to review their answers before submitting and notifies that answers cannot be changed afterwards. The questions cover topics like sections for reviewing company books, determining client needs, subscription levels, importing lists, item types, and removing vendors.

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    The document contains a review of answers to 15 multiple choice questions about features and functions in QuickBooks Online. It prompts the user to review their answers before submitting and notifies that answers cannot be changed afterwards. The questions cover topics like sections for reviewing company books, determining client needs, subscription levels, importing lists, item types, and removing vendors.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    138 views5 pages

    Review Answers

    Uploaded by

    Dennis lugod
    The document contains a review of answers to 15 multiple choice questions about features and functions in QuickBooks Online. It prompts the user to review their answers before submitting and notifies that answers cannot be changed afterwards. The questions cover topics like sections for reviewing company books, determining client needs, subscription levels, importing lists, item types, and removing vendors.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 5

    Review Answers

    Take a minute to review your answers before you turn in your work.
    Once you submit this section, you won’t be able to change your answers.

     Q1
     Which 4 sections of the Overview screen can help you perform a high-level review of
    their books?

    Edit answer

    Your answer:

    Transaction Volume

    Banking Activity

    Company Setup

    Common Issues

     Q2
     Which section in the New Client Checklist helps you understand your client’s needs to
    determine the features and solutions required?

    Edit answer

    Your answer:

    Onboarding Checklist

     Q3
     Which 2 QuickBooks subscription levels would support a client who needs to track
    inventory and create purchase orders and budgets?

    Edit answer

    Your answer:

    Advanced

    Plus

     Q4
     What are 2 benefits of the ProAdvisor Preferred Pricing program?
    Edit answer

    Your answer:

    Itemized billing of all firm-billed subscriptions

    Up to 30% off subscriptions for your clients

     Q5
     Which 2 QuickBooks Online Payroll subscription levels include QuickBooks Time?

    Edit answer

    Your answer:

    Elite

    Premium

     Q6
     Where can you enable account numbers for the chart of accounts?

    Edit answer

    Your answer:

    The Advanced tab in Account and Settings

     Q7
     How can several accounts be inactivated at once?

    Edit answer

    Your answer:

    Select the accounts and choose Make inactive from the Batch actions dropdown

     Q8
     When would you recommend merging accounts to a client?

    Edit answer

    Your answer:

    When duplicate accounts are created


     Q9
     Which 4 list types can be directly imported into QuickBooks Online from Excel?

    Edit answer

    Your answer:

    Customers

    Chart of accounts

    Products and services

    Vendors

     Q10
     What 3 file formats can you use for importing lists directly into QuickBooks Online?

    Edit answer

    Your answer:

    Google sheets

    CSV files

    Excel files

     Q11
     Which statement is true when importing lists into QuickBooks Online?

    Edit answer

    Your answer:

    When importing lists, you can choose to overwrite products and services with identical names

     Q12
     Why might this happen?

    Edit answer

    Your answer:

    They have turned off the setting to show product/service column on sales forms
     Q13
     There are four item types to choose from in QuickBooks Online.

    Edit answer

    Your answer:

     These are products bought and sold where it isn’t necessary to track quantities on hand,
    such as small parts used in the installation or delivery of a product.

    Non-inventory

     This is a collection of products and services that are sold together, such as the installation
    of a product that includes both labor and materials.

    Bundle

     These are products that are bought and sold, and where it is necessary to track quantities
    on hand.

    Inventory (in QuickBooks Online Plus and Advanced only)

     This includes services that are provided to customers, such as an emergency service call
    visit or other labor.

    Service

     Q14
     What are 2 reports that can be filtered by customer type?

    Edit answer

    Your answer:

    Sales by Customer Type Detail

    Customer Contact List

     Q15
     What must you select in order to remove a vendor from the Vendor center in QuickBooks
    Online?

    Edit answer

    Your answer:
    Make inactive

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