Question 1

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 2

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 A

Question 3

The Chart of Accounts is accessed via the tab on the Left-Navigation Bar.

Accepted Answer

A)  Reports 
B)  Transactions 
C)  Gear 
D)  Accounts 
A)  Reports 
B)  Transactions 
C)  Gear 
D)  Accounts B

Question 4

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 5

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

Accepted Answer

A) True 
 B)False

Question 6

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

Accepted Answer

A) True 
 B)False

Question 7

In a computerized accounting program, you must record Brought Forward Balances to close the books.

Accepted Answer

A) True 
 B)False

Question 8

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

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

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

Accepted Answer

A) True 
 B)False

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

QuickBooks Online Plus uses the method of inventory valuation.

The Chart of Accounts is accessed via the tab on the Left-Navigation Bar.

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.

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

In a computerized accounting program, you must record Brought Forward Balances to close the books.

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

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

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

Create a Company

Sales and Receivables: Service Items

Payables and Purchases

General Accounting and End-Of-Period Procedures

Sales and Receivables: Product and Service Items

Payables, Purchases, and Inventory

General Accounting, End-Of-Period Procedures, and Budgets

Payroll

Appendix a Create a Company Using Quickbooks Desktop

Filters

Exam 1: Introduction to Quickbooks Online Plus

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

QuickBooks Online Plus uses the method of inventory valuation.

The Chart of Accounts is accessed via the tab on the Left-Navigation Bar.

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.

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

In a computerized accounting program, you must record Brought Forward Balances to close the books.

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

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

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

Create a Company

Sales and Receivables: Service Items

Payables and Purchases

General Accounting and End-Of-Period Procedures

Sales and Receivables: Product and Service Items

Payables, Purchases, and Inventory

General Accounting, End-Of-Period Procedures, and Budgets

Payroll

Appendix a Create a Company Using Quickbooks Desktop

Filters