Deck 1: Introduction to Quickbooks Online Plus

Question 1

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

Answer 1

True

Question 2

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

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

Answer 2

D

Question 3

QuickBooks Online Plus uses the method of inventory valuation.

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

Answer 3

A

Question 4

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

Question 5

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

Question 6

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

Question 7

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

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

Question 8

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

Question 9

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

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

Question 10

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

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