QuickBooks Online 2015

25 Questions | Total Attempts: 115

Settings
Please wait...
QuickBooks Online 2015

CLICK HERE to access course videos


Related Topics
Questions and Answers
  • 1. 
    What is the default period for which the Expenses graph on the Home page displays information?
    • A. 

      (A) This month

    • B. 

      (B) Last 30 days

    • C. 

      (C) This year

    • D. 

      (D) This quarter

  • 2. 
    If you wanted to change the type of tax form your company files, under which tab would the “Taxform” setting be located on the “Settings” page?
    • A. 

      (A) Company

    • B. 

      (B) Advanced

    • C. 

      (C) Payments

    • D. 

      (D) Sales

  • 3. 
    If you have “Account numbers” turned on for the Chart of Accounts in QuickBooks Online Plus, whatis the maximum number of characters an account number can contain?
    • A. 

      (A) 15

    • B. 

      (B) 5

    • C. 

      (C) 9

    • D. 

      (D) 7

  • 4. 
    When creating a new sales tax rate, what is the title of the field into which you will enter the nameof the sales tax that will be displayed on your sales forms?
    • A. 

      (A) Sales Tax

    • B. 

      (B) Agency name

    • C. 

      (C) Component name

    • D. 

      (D) Tax name

  • 5. 
    When using QuickBooks Online Plus to track inventory and creating a new inventory account, what“Detail Type” of an “Income” account “Category Type” must be used when creating a new inventoryitem?
    • A. 

      (A) Service/Fee Income

    • B. 

      (B) Other Primary Income

    • C. 

      (C) Sales of Product Income

    • D. 

      (D) Non-profit Income

  • 6. 
    When applying a “Discount Line Item” to a sales form, into which column do you enter the subtotalof the amount you want to discount?
    • A. 

      (A) QTY

    • B. 

      (B) Amount

    • C. 

      (C) Rate

    • D. 

      (D) Description

  • 7. 
    To which of the following pages will you navigate to start the process of creating batch invoices?
    • A. 

      (A) Reports

    • B. 

      (B) Vendors

    • C. 

      (C) Customers

    • D. 

      (D) Sales

  • 8. 
    On the “Sales Receipt” page, select the name of the checkbox that should be checked if you intendto print the sales receipt at a later point in time.
    • A. 

      (A) Print later

    • B. 

      (B) To be printed

    • C. 

      (C) Batch print

    • D. 

      (D) Print in batch

  • 9. 
    When creating a “Statement” for a customer, what type of statement would you use to show themthe activity between a start and end date?
    • A. 

      (A) Open Item

    • B. 

      (B) Transaction

    • C. 

      (C) Balance Forward

    • D. 

      (D) Quarterly

  • 10. 
    When entering a down payment or a prepayment from a customer, into which page would youenter the down payment?
    • A. 

      (A) Credit Memo

    • B. 

      (B) Receive Payment

    • C. 

      (C) Delayed Credit

    • D. 

      (D) Sales Receipt

  • 11. 
    If a customer returns an item and you immediately return their money, what type of form shouldyou use to record the transaction?
    • A. 

      (A) Refund Receipt

    • B. 

      (B) Expense Receipt

    • C. 

      (C) Sales Receipt

    • D. 

      (D) Credit Receipt

  • 12. 
    When changing the settings for billing and expenses, what link from the Gear icon should you clickto open the settings page?
    • A. 

      (A) Your Account

    • B. 

      (B) All Lists

    • C. 

      (C) Company Settings

    • D. 

      (D) Products and Services

  • 13. 
    To ensure you have correctly reconciled a bank account, what line should display zero on the“Reconcile” page when you have completed selecting your items from the bank statement?
    • A. 

      (A) Difference

    • B. 

      (B) Cleared Balance

    • C. 

      (C) Statement Ending

    • D. 

      (D) Beginning Balance

  • 14. 
    Which report would you use to view the current sales tax you owe?
    • A. 

      (A) Taxable Sales Summary Report

    • B. 

      (B) Taxable Sales Detail Report

    • C. 

      (C) Sales Tax Liability Report

    • D. 

      (D) Sales by Customer Detail Report

  • 15. 
    When customizing a preset report, what section will contain the settings to adjust the transactiondate period displayed on the report?
    • A. 

      (A) Numbers

    • B. 

      (B) Status

    • C. 

      (C) Dates

    • D. 

      (D) General

  • 16. 
    Which of the following is NOT one of the different sections available to manipulate when you arecustomizing a “Management Report”?
    • A. 

      (A) Cover page

    • B. 

      (B) Detail page

    • C. 

      (C) Reports

    • D. 

      (D) End notes

  • 17. 
    If you are viewing the “Trends/Scorecard” report, what is the only customizable section?
    • A. 

      (A) Time Period

    • B. 

      (B) Net Profit Margin

    • C. 

      (C) My Peer Group

    • D. 

      (D) Sales Growth

  • 18. 
    When creating a custom form style, what are the three types of forms you can create?
    • A. 

      (A) Bill, Credit Memo, Expense

    • B. 

      (B) Vendor Credit, Purchase Order, Refund Receipt

    • C. 

      (C) Delayed Credit, Check, Bank Deposit

    • D. 

      (D) Invoice, Estimate, Sales Receipt

  • 19. 
    To enable Estimates in QuickBooks Online Plus, under which tab of the “Settings” page would you find the option to turn on Estimates?
    • A. 

      (A) Company

    • B. 

      (B) Expenses

    • C. 

      (C) Sales

    • D. 

      (D) Advanced

  • 20. 
    When entering expenses for jobs, what is one of the forms you can use to enter a billable expense?
    • A. 

      (A) Single Time Activity

    • B. 

      (B) Time Tracking

    • C. 

      (C) Expense

    • D. 

      (D) Delayed Charge

  • 21. 
    When creating “Weekly Timesheets,” what are the three optional fields that may appear in theform?
    • A. 

      (A) Product, Bill, Customer Credit

    • B. 

      (B) Service, Class, Location

    • C. 

      (C) Expense, Invoice Number, Check Number

    • D. 

      (D) Estimates, Vendor Credit, Purchase Order

  • 22. 
    When adding a new pay type for an employee, which of the following items is NOT an option in the“You can also pay employee:” section of the “How much do you pay employee?” page?
    • A. 

      (A) Maternity Leave Pay

    • B. 

      (B) Holiday Pay

    • C. 

      (C) Overtime Pay

    • D. 

      (D) Sick Pay

  • 23. 
    If you create a “Bonus Only” paycheck for an employee, what is the label of the radio button youmust select to enter the take-home amount for an employee’s bonus?
    • A. 

      (A) As gross pay

    • B. 

      (B) Take home pay

    • C. 

      (C) After taxes pay

    • D. 

      (D) As net pay

  • 24. 
    If you have returned something originally purchased with a business credit card, what transactionform would you use to record the return and balance the account?
    • A. 

      (A) Delayed Credit

    • B. 

      (B) Credit Card Credit

    • C. 

      (C) Expense

    • D. 

      (D) Vendor Credit

  • 25. 
    When creating a “Prepaid Expenses” account to track prepaid rent, what “Category Type” of accountshould you choose to find the “Detail Type” “Prepaid Expenses?”
    • A. 

      (A) Long Term Liabilities

    • B. 

      (B) Accounts Receivable

    • C. 

      (C) Other Current Assets

    • D. 

      (D) Accounts Payable