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Final exam

QuickBooks

  • 20 multiple choice questions
  • Pass mark: 80%
  • No time limit, and unlimited attempts
  • Your best score is saved to your account

0 of 20 answered

  1. 1. Why does understanding bookkeeping matter when using QuickBooks?

  2. 2. Which version enables remote and international client work?

  3. 3. The chart of accounts is:

  4. 4. Why enter the VAT setting correctly at setup?

  5. 5. Why map a product to the correct income account?

  6. 6. When you create an invoice, QuickBooks automatically:

  7. 7. The bookkeeper's real value in invoicing is:

  8. 8. A customer pays an invoice. You record it:

  9. 9. Undeposited Funds plus a Bank Deposit are used to:

  10. 10. The Aged Receivables report shows:

  11. 11. The difference between an Expense and a Bill is:

  12. 12. You pay a Bill you recorded earlier. You should:

  13. 13. A bank feed transaction matches a customer's invoice payment you recorded. You should:

  14. 14. Correctly categorising bank feed transactions matters because:

  15. 15. Why reconcile even with a bank feed running?

  16. 16. A reconciliation will not reach zero. You should:

  17. 17. The Balance Sheet shows:

  18. 18. QuickBooks reports are only as good as:

  19. 19. A QuickBooks month-end routine should include:

  20. 20. This certificate is:

Answer all 20 questions to submit.

Final Exam: QuickBooks | Talent Frontier