QuickBooks Practice Test: 100
Comprehensive Questions with Detailed
Explanations & Proven Strategies for
Certification Success
During the Advanced Setup, you can turn on and off which features in the
EasyStep Interview?
a. Sales taxes
b. Inventory
c. Progress Invoicing
d. All of the above - --- ANSWER IS>>><-ALL of the above
During the Advanced Setup, you can set up a password for which of the following
users during the EasyStep Interview?
a. Administrator
b. External Accountant
c. You cannot setup passwords during the EasyStep interview
d. All users - --- ANSWER IS>>><-administrator
When setting up a new company through the Advanced Setup, some company
information is optional and some is absolutely required. Which of the following
pieces of information does QuickBooks require you to enter during the EasyStep
Interview?
,a. Company name
b. Company password
c. Tax ID
d. All of the above - --- ANSWER IS>>><-company name
How do you set up multiple businesses in QuickBooks (assuming each business
files a separate tax return)?
a. Purchase a separate QuickBooks license for each company you need to set up.
b. Use the Advanced Setup to go through the EasyStep interview for the oldest
c. Use the Advanced Setup to go through the EasyStep interview for each
company
d. Use the Advanced Setup to go through the EasyStep Interview for the largest
company first, and then choose File > Add a separate business at the end of the
interview. to create a separate company file. - --- ANSWER IS>>><-Use the
Advanced Setup to go through the EasyStep interview for each company
During the Advanced Setup, how do you setup a new account that is not on the
default list of accounts during the EasyStep Interview?
a. You can't add accounts that are not on the QuickBooks default list. Finish the
interview and add the accounts directly to the Chart of Accounts.
,b. Click Add new account in the EasyStep Interview.
c. Click Edit Account during the EasyStep Interview.
d. Select Import My Chart of Accounts during the EasyStep Interview. - ---
ANSWER IS>>><-You can't add accounts that are not on the QuickBooks default
list. Finish the interview and add the accounts directly to the Chart of Accounts.
You've been hired by a company that started in 1911. They've never used
QuickBooks. During the Advanced Setup, what "Start Date" should you use in the
EasyStep Interview?
a. There is no Start Date in the EasyStep Interview.
b. The date the company bought QuickBooks.
c. 1911
d. The date you want to begin tracking the company's finances in QuickBooks. - ---
ANSWER IS>>><-The date you want to begin tracking the company's finances in
QuickBooks.
How do you restore a company file from a backup copy?
a. Choose File > Back Up. Then click the Restore from Backup button.
b. Choose File > Utilities > File Operations > Restore.
, c. Choose File > Open or Restore Company. Select Restore a backup copy and click
Next. Choose Local or Online Backup and click Next. Select the file to restore and
click Open. Choose where to restore the file to and click Save.
d. Click the Restore icon on the Home page.
click Next. - --- ANSWER IS>>><-Choose File > Open or Restore Company. Select
Restore a backup copy and click Next. Choose Local or Online Backup and click
Next. Select the file to restore and click Open. Choose where to restore the file to
and click Save.
Which of the following is NOT a backup option in QuickBooks?
a. Manually back up the file.
b. Automatically back up the data file when closing QuickBooks.
c. Schedule an unattended backup
d. All of the above are QuickBooks backup options. - --- ANSWER IS>>><-All of the
above are QuickBooks backup options.
Why would you restore a data file from the backup file?
a. You wish to review the company data as it stood at an earlier date.
b. The company data file on your hard drive is damaged and cannot be used.
Comprehensive Questions with Detailed
Explanations & Proven Strategies for
Certification Success
During the Advanced Setup, you can turn on and off which features in the
EasyStep Interview?
a. Sales taxes
b. Inventory
c. Progress Invoicing
d. All of the above - --- ANSWER IS>>><-ALL of the above
During the Advanced Setup, you can set up a password for which of the following
users during the EasyStep Interview?
a. Administrator
b. External Accountant
c. You cannot setup passwords during the EasyStep interview
d. All users - --- ANSWER IS>>><-administrator
When setting up a new company through the Advanced Setup, some company
information is optional and some is absolutely required. Which of the following
pieces of information does QuickBooks require you to enter during the EasyStep
Interview?
,a. Company name
b. Company password
c. Tax ID
d. All of the above - --- ANSWER IS>>><-company name
How do you set up multiple businesses in QuickBooks (assuming each business
files a separate tax return)?
a. Purchase a separate QuickBooks license for each company you need to set up.
b. Use the Advanced Setup to go through the EasyStep interview for the oldest
c. Use the Advanced Setup to go through the EasyStep interview for each
company
d. Use the Advanced Setup to go through the EasyStep Interview for the largest
company first, and then choose File > Add a separate business at the end of the
interview. to create a separate company file. - --- ANSWER IS>>><-Use the
Advanced Setup to go through the EasyStep interview for each company
During the Advanced Setup, how do you setup a new account that is not on the
default list of accounts during the EasyStep Interview?
a. You can't add accounts that are not on the QuickBooks default list. Finish the
interview and add the accounts directly to the Chart of Accounts.
,b. Click Add new account in the EasyStep Interview.
c. Click Edit Account during the EasyStep Interview.
d. Select Import My Chart of Accounts during the EasyStep Interview. - ---
ANSWER IS>>><-You can't add accounts that are not on the QuickBooks default
list. Finish the interview and add the accounts directly to the Chart of Accounts.
You've been hired by a company that started in 1911. They've never used
QuickBooks. During the Advanced Setup, what "Start Date" should you use in the
EasyStep Interview?
a. There is no Start Date in the EasyStep Interview.
b. The date the company bought QuickBooks.
c. 1911
d. The date you want to begin tracking the company's finances in QuickBooks. - ---
ANSWER IS>>><-The date you want to begin tracking the company's finances in
QuickBooks.
How do you restore a company file from a backup copy?
a. Choose File > Back Up. Then click the Restore from Backup button.
b. Choose File > Utilities > File Operations > Restore.
, c. Choose File > Open or Restore Company. Select Restore a backup copy and click
Next. Choose Local or Online Backup and click Next. Select the file to restore and
click Open. Choose where to restore the file to and click Save.
d. Click the Restore icon on the Home page.
click Next. - --- ANSWER IS>>><-Choose File > Open or Restore Company. Select
Restore a backup copy and click Next. Choose Local or Online Backup and click
Next. Select the file to restore and click Open. Choose where to restore the file to
and click Save.
Which of the following is NOT a backup option in QuickBooks?
a. Manually back up the file.
b. Automatically back up the data file when closing QuickBooks.
c. Schedule an unattended backup
d. All of the above are QuickBooks backup options. - --- ANSWER IS>>><-All of the
above are QuickBooks backup options.
Why would you restore a data file from the backup file?
a. You wish to review the company data as it stood at an earlier date.
b. The company data file on your hard drive is damaged and cannot be used.
