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| 1 | |
Students can confirm their QBO knowledge by passing the: |
| | A) | Test administered the second week of class. |
| | B) | Saving reports. |
| | C) | Customizing reports. |
| | D) | Certification test. |
| | E) | None of the above. |
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| 2 | |
QuickBooks Online Setup includes: |
| | A) | Company information. |
| | B) | Signing in and signing out. |
| | C) | The settings menu. |
| | D) | Setting up lists. |
| | E) | All of the above. |
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| 3 | |
The sales workflow includes: |
| | A) | Entering checks and deposits. |
| | B) | Invoicing and customer payments (A/R), sales receipts. |
| | C) | Purchases, bills, writing checks, using credit and debit cards. |
| | D) | Entering transfers in the General Journal. |
| | E) | None of the above. |
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| 4 | |
The purchases workflow includes: |
| | A) | Customizing journal entries. |
| | B) | Setting up customers and sales accounts. |
| | C) | Recording transaction register checks, deposits, and customizing required reports. |
| | D) | Purchases and bills (A/P), writing checks, using credit and debit cards. |
| | E) | None of the above |
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| 5 | |
To view the company's financial information at a glance, go to the: |
| | A) | General journal. |
| | B) | Reports page. |
| | C) | Link to Sales Receipts. |
| | D) | Display all the dates on the register. |
| | E) | None of the above. |
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| 6 | |
When you report income when it is received, the method being used is: |
| | A) | Perpetual inventory. |
| | B) | Credit sales. |
| | C) | Accrual. |
| | D) | Cash. |
| | E) | All of the above. |
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| 7 | |
When you report income when you bill it, the method used is: |
| | A) | Perpetual inventory. |
| | B) | Cash sales. |
| | C) | Accrual. |
| | D) | Cash. |
| | E) | All of the above. |
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| 8 | |
Ready-to-use templates are included in this selection: |
| | A) | Sign out page. |
| | B) | QB apps. |
| | C) | Account and Settings page. |
| | D) | Management reports. |
| | E) | All of the above. |
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| 9 | |
When customizing a report, the following criteria can be selected: |
| | A) | Date range. |
| | B) | Months. |
| | C) | % of Income. |
| | D) | T of Expense. |
| | E) | All of the above. |
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| 10 | |
Customized reports can be saved as: |
| | A) | Customized reports cannot be saved. |
| | B) | Word docx or doc files. |
| | C) | Excel and PDF files. |
| | D) | Jpg files. |
| | E) | None of the above. |
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