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QuickBooks Certification Practice Questions
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QuickBooks Certification Practice Questions
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25 Questions

1. Which 2 steps do you follow to track accounts payable in QuickBooks?

2. What is the primary reason for setting a closing date in QuickBooks?

3. Which of the following statements is TRUE regarding how you record a debit card transaction in QuickBooks?

4. When should you void instead of delete a check?

5. You have finished entering all the transactions for last year and just sent the file to the tax preparer. How do you ensure that no one accidentally deletes, edits or adds transactions to last year?

6. When should you use the items tab on a bill or check?

7. Which list represents the payroll services you can add to QuickBooks?

8. A list entry may be deleted only when?

9. What 2 steps do you follow to track accounts payable in QuickBooks?

10. Which of the following information CANNOT be set up during the Easy Step interview?

11. Which payroll service allows you print state tax forms?

12. There are 2 primary financial statements that summarize the chart of accounts. Which of the following is one of these reports?

13. When you enter profit and loss on the accrual basis what does QuickBooks include as income?

14. How do you customize a report i.e. change the information QuickBooks displays, change the title etc.

15. Assume that QuickBooks is now in Single User Mode. What does this mean?

16. Which of the following transactions cannot be memorized?

17. Which of the statements is true regarding single user and multi user mode?

18. List entries may be deleted only when ?

19. When you enter a purchase order for inventory, which accounts are affected?

20. How can you open a QuickBooks report in Microsoft Excel?

21. Which of the following is not a billing option when you prepare a progress invoice?

22. Which of the following is a possible reason for a bank reconciliation discrepancy?

23. When should you enter a customer credit memo?

24. How do you display a group of reports?

25. Which statement is TRUE regarding single user and multi-user mode?

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