QuickBooks Online Exam
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Final exam for Learn Bookkeeping Today’s QuickBooks Online course.
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Question 1 of 23
1. Question
What is the best backup strategy for your QuickBooks file?
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Question 2 of 23
2. Question
Which of the following would be an appropriate use of the QuickBooks “class” function?
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Question 3 of 23
3. Question
What city do I setup sales tax for in the course?
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Question 4 of 23
4. Question
What is the QuickBooks function called for creating a payable?
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Question 5 of 23
5. Question
In addition to Classes, what is a function of QuickBooks Online that lets you categorize transactions, for example, by office/address?
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Question 6 of 23
6. Question
What’s an easy way to keep track of all of your physical receipts or vendor invoices in QuickBooks Online?
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Question 7 of 23
7. Question
What is the proper way to record payment of your sales tax liability in QuickBooks?
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Question 8 of 23
8. Question
What is the easiest and best way to track payments to vendors that will require 1099 forms at tax time?
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Question 9 of 23
9. Question
What setting makes it easier to quickly enter invoices to a vendor you purchase from often?
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Question 10 of 23
10. Question
What function is used to track expenses for similar categories of vendor?
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Question 11 of 23
11. Question
How do you enter a vendor invoice against a PO you created for them?
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Question 12 of 23
12. Question
What are the two types of line item that you can use to enter the details of a vendor invoice (bill)?
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Question 13 of 23
13. Question
Which QuickBooks function is usually used to record or summarize regular retail sales?
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Question 14 of 23
14. Question
Which window/module gives you access to all of your customer information and activity?
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Question 15 of 23
15. Question
What is is the difference between a “current liability” and a “long-term liability”?
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Question 16 of 23
16. Question
Which type of account on the “chart of accounts” is Accounts Receivable?
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Question 17 of 23
17. Question
Which form is created before an invoice to quote products or services for a potential customer?
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Question 18 of 23
18. Question
What is the best way to track product vs. service income?
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Question 19 of 23
19. Question
What is the method the course shows for recording credit card processing fees?
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Question 20 of 23
20. Question
What is an important task at the beginning of the month to make sure all of your bank transactions are recorded and see what checks and deposits are still outstanding?
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Question 21 of 23
21. Question
What is the feature called that automatically enters transactions?
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Question 22 of 23
22. Question
What customizing function do you use when viewing reports to specify the criteria you want to view in a report?
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Question 23 of 23
23. Question
How can you quickly view a report in the future that you’ve created once you have it just the way you want it?