Question 1

Vendors are accessed via the_______ tab on the Left-Navigation Bar.

Accepted Answer

A) Reports 
B) Banking 
C) Accounting 
D) Expenses 
A) Reports 
B) Banking 
C) Accounting 
D) Expenses D

Question 2

When using QuickBooks Online your data is saved in the Cloud.

Accepted Answer

A) True 
 B)False  True

Question 3

The Top-Navigation Bar, Left-Navigation Bar, Gear Icon, and Help are shown on the ________.

Accepted Answer

A) Dashboard 
B) Money Bar 
C) Activities Page 
D) Home Page 
A) Dashboard 
B) Money Bar 
C) Activities Page 
D) Home Page D

Question 4

You click the Recent Transactions icon to search for a specific invoice.

Accepted Answer

A) True 
 B)False

Question 5

QuickBooks Online Plus uses the _____method of inventory valuation.

Accepted Answer

A) FIFO 
B) Average Cost 
C) Declining Balance 
D) Accelerated Use 
A) FIFO 
B) Average Cost 
C) Declining Balance 
D) Accelerated Use

Question 6

In order to customize information shown in the Vendors List, you click the_______ icon.

Accepted Answer

A) Show 
B) Settings 
C) New Vendor 
D) Edit 
A) Show 
B) Settings 
C) New Vendor 
D) Edit

Question 7

You must Turn on Payroll in order to access the Payroll Tax Center.

Accepted Answer

A) True 
 B)False

Question 8

All the accounts that your company uses can be found in the Accounting Center under Chart of Accounts.

Accepted Answer

A) True 
 B)False

Question 9

You may find the list of Keyboard Shortcuts by clicking the_____ icon and entering Keyboard Shortcuts.

Accepted Answer

A) Gear 
B) Menu 
C) Help 
D) Shortcuts 
A) Gear 
B) Menu 
C) Help 
D) Shortcuts

Question 10

The Gear icon may be used to access Lists in QuickBooks Online.

Accepted Answer

A) True 
 B)False

Vendors are accessed via the_______ tab on the Left-Navigation Bar.

When using QuickBooks Online your data is saved in the Cloud.

The Top-Navigation Bar, Left-Navigation Bar, Gear Icon, and Help are shown on the ________.

You click the Recent Transactions icon to search for a specific invoice.

QuickBooks Online Plus uses the _____method of inventory valuation.

In order to customize information shown in the Vendors List, you click the_______ icon.

You must Turn on Payroll in order to access the Payroll Tax Center.

All the accounts that your company uses can be found in the Accounting Center under Chart of Accounts.

You may find the list of Keyboard Shortcuts by clicking the_____ icon and entering Keyboard Shortcuts.

The Gear icon may be used to access Lists in QuickBooks Online.

Create a Company

Sales and Receivables: Service Items

Payables and Purchases: Service Items

General Accounting and End-Of-Period Procedures

Sales and Receivables: Productsinventory and Service Items, Sales Tax, and Discounts

Payables and Purchases: Inventory, Bills, Payments, and Discounts

General Accounting, Inventory Adjustments, Pay Sales Taxes, Budgets, and End-Of-Period Procedures

Payroll

Accounting and Business Management FAQs

Filters

Exam 1: Introduction to Quickbooks Online Plus

Vendors are accessed via the_______ tab on the Left-Navigation Bar.

When using QuickBooks Online your data is saved in the Cloud.

The Top-Navigation Bar, Left-Navigation Bar, Gear Icon, and Help are shown on the ________.

You click the Recent Transactions icon to search for a specific invoice.

QuickBooks Online Plus uses the _____method of inventory valuation.

In order to customize information shown in the Vendors List, you click the_______ icon.

You must Turn on Payroll in order to access the Payroll Tax Center.

All the accounts that your company uses can be found in the Accounting Center under Chart of Accounts.

You may find the list of Keyboard Shortcuts by clicking the_____ icon and entering Keyboard Shortcuts.

The Gear icon may be used to access Lists in QuickBooks Online.

Create a Company

Sales and Receivables: Service Items

Payables and Purchases: Service Items

General Accounting and End-Of-Period Procedures

Sales and Receivables: Productsinventory and Service Items, Sales Tax, and Discounts

Payables and Purchases: Inventory, Bills, Payments, and Discounts

General Accounting, Inventory Adjustments, Pay Sales Taxes, Budgets, and End-Of-Period Procedures

Payroll

Accounting and Business Management FAQs

Filters