Deck 11: Certification, quick-Books Labs and Report Customization

Question 1

A bill can be customized in QBO.

Answer 1

False

Question 2

The user interface is a part of learning how to navigate QBO.

Answer 2

True

Question 3

To prepare for the QuickBooks Online Certified User test,administered by Certiport.com,student can take the practice test at ? HYPERLINK "http://www.mhhe.com/QBO" ?www.mhhe.com/QBO?.

Answer 3

True

Question 4

Students should complete the Online Learning Center's Multiple Choice and True False quizzes for each chapter before taking the 100-question practice certification test.

Question 5

The Certification test does not include questions about editing the chart of accounts.

Question 6

Customers are people who purchase products and services from you.

Question 7

Which of the following objectives does the QBO certification test cover:

A)QBO setup.
B)Purchases
C)Sales.
D)Reports
E)All.

Question 8

A document or transaction pattern that is stored so that it can be used again is called a/an:

A)Business process.
B)Audit log.
C)Accounts Payable and accounts receivable.
D)Template.
E)None

Question 9

What feature lets you save customized reports?

A)Memorize transactions.
B)Save and name customized report.
C)Update report and name customized report.
D)Automate report.
E)None.

Question 10

Entering and paying bills is part of the Accounts Payable workflow.

Question 11

The sales module includes the Accounts Receivable (A/R)workflow.

Question 12

Basic accounting knowledge includes all of the following except:

A)Signing in and out of QBO.
B)Meaning of financial statements.
C)Difference between cash and accrual reports.
D)How to enter a Journal Entry.
E)None.

Question 13

QBO's items or products and services are included within the customer center.

Question 14

When preparing for the QBO certification test,students should know how to:

A)Complete company settings or preferences.
B)Navigate the user interface,set up beginning balances,complete Accounts Payable and Accounts Receivable workflows.
C)Complete report customization.
D)Export report to Excel and/or save them as PDF files.
E)All.

Question 15

What are the steps to run a customized report?

A)Reports > My Report tab > select report name.
B)Reports > Transactions > Chart of Accounts > report name.
C)Gear/company name > Transfer > record journal entry.
D)None.
E)All.

Question 16

Learning how to export reports to Excel is an important feature of QB Online.

Question 17

The Reports page includes which of following?

A)Recommended.
B)Frequently run.
C)My custom reports.
D)Management reports.
E)All.

Question 18

Select the best description for QuickBooks Labs?

A)Plug-ins.
B)Recent transactions.
C)Search.
D)Account and Settings.
E)All.

Question 19

For the QBO certification test,students should know how to answer:

A)Basic accounting and general knowledge questions.
B)Questions about other accounting softwares.
C)Questions about Case Problems 1 and 2.
D)None.
E)All.

Question 20

The purchases module includes all of the following except:

A)Vendor center list.
B)Customer center list.
C)Bank reconciliation.
D)Accounts payable transactions.
E)None.