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QuickBooks Certification Prep Questions
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QuickBooks Certification Prep Questions
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25 Questions

1. Which report is also known as an income statement and summarize income, cost of goods sold, and expenses?

2. Identify the statements that is TRUE regarding items?

3. What is the purpose of backing up in QuickBooks?

4. When a transaction is changed, what information does the Audit Trail report display?

5. How do items affect the financial statements?

6. Which is an example of when to use a non-inventory part?

7. 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?

8. How do you add or delete columns on a report.

9. When you run a profit and loss report on the accrual basis what does QuickBooks include as income?

10. How do you change the report basis, accrual, vs. cash for just one report?

11. What menu in QuickBooks will enable you to enter general journal entries?

12. You accidentally entered a customer twice in the customer center with a slightly different spelling. How do you merge these two entries?

13. Which account shows how much you owe for sales tax?

14. Which accounts are affected when you enter Time on QuickBooks invoices?

15. How can you ensure that invoice details do not appear on a customer's statement?

16. When should you enter a customer credit memo?

17. 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

18. What is the Undeposited funds account in QuickBooks?

19. How do you ensure that no one accidentally deletes, edits or adds transactions to last year's financial data?

20. You have to set up the item for shipping. What item type should you use?

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

22. For each functional area of QuickBooks Pro and Premier, Sales Accounts, Accounts Receivable and Purchases, what levels of access can you grant to users?

23. What is the quickest way to find an invoice from 6 months ago?

24. Identify the statement that is TRUE regarding general journal entries?

25. The bank notifies you that a customer's check you have deposited has bounced. The customer did not have sufficient funds to cover the check. What should you NOT do?

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