QuickBooks Final Exam: 100% Verified Questions &
Answers: Latest Updated A+ Score Solution
What QuickBooks Edition can only have up to 3 users? - ANSWERQuickBooks Pro
Which QuickBooks Edition is a web browser based product? - ANSWERQuickBooks
Online
Which QuickBooks Edition allows Advanced Inventory Functions? -
ANSWERQuickBooks Enterprise
How many major account types are there cumulative between a Profit and Loss
Statement and a Balance Sheet? - ANSWER8
What type of account is used to show the amount a product costs you at the time it
is sold? - ANSWERCost of Goods Sold
On a Cash Basis, you can write off Bad Debt for invoices you never received payment
for? - ANSWERNo
How many sections of the Home Page are there? - ANSWER5
The top bar on the QuickBooks Window is called? - ANSWERThe Title Bar
What is a required field when creating a new QuickBooks Company File? -
ANSWERCompany Name
What is not a status in the Leads Center? - ANSWERClosed
How many dashboard windows are available in the Company Snapshot? - ANSWER12
When using the document attachment feature, after you attach a document, where
is the QuickBooks attached document stored? - ANSWERIn an Attach folder located
in the same file location as your QuickBooks file
Where can you find the preference that will display your icon in color? -
ANSWERDesktop View, My Preferences
Where can you find the option to add specific icons to the Home Page? -
ANSWERCompany Preferences
In what "view" can you see account balances listed on the right hand side of your
Home Page? - ANSWERTop Icon Bar
What email requires a separate program to be installed on your computer? -
ANSWEROutlook
, QuickBooks stores your Web Email password at the time you create the account? -
ANSWERNo
QuickBooks Email requires you to have a paid subscription with? - ANSWERIntuit
QuickBooks allows you to create multiple email templates? - ANSWERyes
QuickBooks Templates allows you use database fields? - ANSWERYes
How many Admin users can you have in one QuickBooks file? - ANSWER1
Which user/s have the capability to change their password? - ANSWERAll Users
What menu option will display your icon bar at the top of your screen under the
menu bar? - ANSWERMenu Bar, View, Top Icon Bar
Where can you find the option to add the Open Windows List? - ANSWERMenu
option "View"
How many different types of accounts can you create in the Chart of Accounts? -
ANSWER16
How many different Profit and Loss specific accounts are there in QuickBooks? -
ANSWER5
How many email addresses can be stored in a primary customer record? - ANSWER4
How many custom fields can you have for your Customer List in QuickBooks
Premier? - ANSWER7
In the Income Tracker, you can select random and multiple transactions (Invoices for
example) and print them as a batch? - ANSWERYes
You can create 1099's from the Vendor Center? - ANSWERNo
What is the purpose of a double sided item? - ANSWERTo correctly post the income
and expenses when used on the items tab
In the Item List, how many sub-levels can be created be created? - ANSWER5
What QuickBooks Edition only allows a percentage Price Level? -
ANSWERQuickBooks Pro
You can use Price Levels in sales transaction without assigning them to a customer? -
ANSWERYes
Answers: Latest Updated A+ Score Solution
What QuickBooks Edition can only have up to 3 users? - ANSWERQuickBooks Pro
Which QuickBooks Edition is a web browser based product? - ANSWERQuickBooks
Online
Which QuickBooks Edition allows Advanced Inventory Functions? -
ANSWERQuickBooks Enterprise
How many major account types are there cumulative between a Profit and Loss
Statement and a Balance Sheet? - ANSWER8
What type of account is used to show the amount a product costs you at the time it
is sold? - ANSWERCost of Goods Sold
On a Cash Basis, you can write off Bad Debt for invoices you never received payment
for? - ANSWERNo
How many sections of the Home Page are there? - ANSWER5
The top bar on the QuickBooks Window is called? - ANSWERThe Title Bar
What is a required field when creating a new QuickBooks Company File? -
ANSWERCompany Name
What is not a status in the Leads Center? - ANSWERClosed
How many dashboard windows are available in the Company Snapshot? - ANSWER12
When using the document attachment feature, after you attach a document, where
is the QuickBooks attached document stored? - ANSWERIn an Attach folder located
in the same file location as your QuickBooks file
Where can you find the preference that will display your icon in color? -
ANSWERDesktop View, My Preferences
Where can you find the option to add specific icons to the Home Page? -
ANSWERCompany Preferences
In what "view" can you see account balances listed on the right hand side of your
Home Page? - ANSWERTop Icon Bar
What email requires a separate program to be installed on your computer? -
ANSWEROutlook
, QuickBooks stores your Web Email password at the time you create the account? -
ANSWERNo
QuickBooks Email requires you to have a paid subscription with? - ANSWERIntuit
QuickBooks allows you to create multiple email templates? - ANSWERyes
QuickBooks Templates allows you use database fields? - ANSWERYes
How many Admin users can you have in one QuickBooks file? - ANSWER1
Which user/s have the capability to change their password? - ANSWERAll Users
What menu option will display your icon bar at the top of your screen under the
menu bar? - ANSWERMenu Bar, View, Top Icon Bar
Where can you find the option to add the Open Windows List? - ANSWERMenu
option "View"
How many different types of accounts can you create in the Chart of Accounts? -
ANSWER16
How many different Profit and Loss specific accounts are there in QuickBooks? -
ANSWER5
How many email addresses can be stored in a primary customer record? - ANSWER4
How many custom fields can you have for your Customer List in QuickBooks
Premier? - ANSWER7
In the Income Tracker, you can select random and multiple transactions (Invoices for
example) and print them as a batch? - ANSWERYes
You can create 1099's from the Vendor Center? - ANSWERNo
What is the purpose of a double sided item? - ANSWERTo correctly post the income
and expenses when used on the items tab
In the Item List, how many sub-levels can be created be created? - ANSWER5
What QuickBooks Edition only allows a percentage Price Level? -
ANSWERQuickBooks Pro
You can use Price Levels in sales transaction without assigning them to a customer? -
ANSWERYes
