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QuickBooks Certification Prep Questions
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QuickBooks Certification Prep Questions
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25 Questions

1. The product information widow shows you the version and release of QuickBooks you have along with other information about the company file. How do you access the production information window?

2. What should you do after you click Save & Close on Customer Credit Memo?

3. How do you display/print a batch group of reports?

4. If the previous month's bank reconciliation was balanced, and your opening balance for the current month reconciliation is not correct, what could have happened

5. What is the reason for not being able to delete a list entry?

6. What is the purpose of an audit Trail report?

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

8. The Company file you are working on is a mess. You decided to start a new file. At the same time you want to keep all the lists and preferences and just delete the transactions. How do you do this?

9. How do you hide subaccounts on a report?

10. After QuickBooks sets up a chart of account in the Easy Step Interview, which of the following is TRUE?

11. Your Company provides their employees with sick/vacation hours. You need to track how many hours each employee currently has available, how many they add or accrue and you need to reduce their accrued hours when you pay them for sick or vacation time. How would you do this in Quick Books?

12. What does the collapse button do in reports?

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

14. Which of the following is NOT TRUE (false) regarding merging entries

15. When you are setting up a service item, what happens if you select the box next to 'This service is used in assemblies or is performed by a subcontractor or partner'?

16. How do you make an item on the item list inactive?

17. How do items affect the financial statement

18. What is the Undeposited funds account in QuickBooks?

19. When you set up a new employee, how do you add a payroll deduction such as medical insurance?

20. Maximum number of name entries in all list combined?

21. What are reasons to entry journal entries in QuickBooks

22. Which of the following is a reason to create a new company file?

23. What is the purpose of the audit trail report?

24. What CANNOT be set up during the Easy Step interview?

25. Assume that QuickBooks is now in single user mode. What does this mean?

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