Intuit Quickbooks Study Guide 2024 with Complete Solutions

Intuit Quickbooks Study Guide 2024 with Complete Solutions You are adding a new customer to Quickbooks Online. You are working in the New You own Customer Information form. For each statement about the Display name as a field, write True or False: The display name is optional. - Answer- True You are adding a new customer to Quickbooks Online. You are working in the New You own Customer Information form. For each statement about the Display name as a field, write True or False: 2-The display name must be unique. - Answer- False You are adding a new customer to Quickbooks Online. You are working in the New You own Customer Information form. For each statement about the Display name as a field, write True or False: 3-The display name is used to sort customer lists. - Answer- True You are reviewing downloaded bank and credit card transactions. You need to select the correct action for each transaction. ( Add,Match,Split,View) Creates a new transaction - Answer- Add You are reviewing downloaded bank and credit card transactions. You need to select the correct action for each transaction. ( Add,Match,Split,View) Categorize parts of a transaction differently - Answer- Split You are reviewing downloaded bank and credit card transactions. You need to select the correct action for each transaction. ( Add,Match,Split,View) Links the new transaction with an existing transaction - Answer- Match You are reviewing downloaded bank and credit card transactions. You need to select the correct action for each transaction. ( Add,Match,Split,View) Displays multiple transactions that might match an existing transaction - Answer- View You own a retail clothing store. You are setting up QuickBooks Online for your store. You are adding items that you buy or sell to QuickBooks Online Products and Services. For each item you buy or sell, indicate whether it is an Inventory item or Non-inventory item. Hangers on which you display shirts - Answer- Non-Inventory You own a retail clothing store. You are setting up QuickBooks Online for your store. You are adding items that you buy or sell to QuickBooks Online Products and Services. For each item you buy or sell, indicate whether it is an Inventory item or Non-inventory item. Shirts you regularly stock and sell to customers - Answer- Inventory You own a retail clothing store. You are setting up QuickBooks Online for your store. You are adding items that you buy or sell to QuickBooks Online Products and Services. For each item you buy or sell, indicate whether it is an Inventory item or Non-inventory item. A shirt you order for specific customer but do not usually sell - Answer- Inventory Which three actions can you perform from the QuickBooks Online business dashboard? - Answer- Review last month's profit and loss data Add a new customer Record mileage for a business trip For which three reasons would you install QuickBooks online apps - Answer- To tailor QuickBooks online for specific To automate task such as data entry To add additional data tracking and reporting capabilities For each statement about QuickBooks Online default user types, write True or False. Standard users can enter timesheets, add users, update company info, or manage subscriptions - Answer- False For each statement about QuickBooks Online default user types, write True or False. Time tracking-only and Reports-only user types do not co