1|Page
CPI Certification Actual Exam Version 2 Newest
2025/2026 Complete All 150 Questions And
Correct Detailed Answers (Verified Answers)
|Already Graded A+||Brand New Version!!
You can find a variety of tools in Accountant Tools to
support your year-end activities. These tools include: -
.....ANSWER ...✔✔ Voided/deleted transactions
Before you can close the books, you need to: -
.....ANSWER ...✔✔ Reconcile all bank and credit card
accounts
What would be the reason for a client not seeing the
Exceptions to Closing Date report in the Reports
center? - .....ANSWER ...✔✔ The client hasn't set a
closing date
Your client needs a QuickBooks Online solution that
includes tracking for: -Sales -Sales tax -Inventory
What's the minimum subscription level in QuickBooks
Online you'd recommend? - .....ANSWER ...✔✔ Self-
Employed
,2|Page
Can users with the right permissions in a client-paid
subscription add QuickBooks Online Payroll or
QuickBooks Time to their QuickBooks Online company?
- .....ANSWER ...✔✔ Yes, by going to the Billing &
subscription section in Account and Settings
You need to add a gift basket with a collection of beauty
products to your client's list of products and services.
Which item type would you assign this to in QuickBooks
Online? - .....ANSWER ...✔✔ Bundle
Where would you go to view a list of customer
statements sent out in the current month? - .....ANSWER
...✔✔ Reports center > Statement List report
Which 2 of these common issues does the Pay down
credit card feature help to resolve? - .....ANSWER
...✔✔ Duplicate entries
Payments categorized to the wrong account
What should you do if you notice a duplicate transaction
in the bank feed? - .....ANSWER ...✔✔ Exclude the
transaction
,3|Page
What is the Undeposited Funds account (also called
Payments to deposit)?
The Undeposited Funds (or Payments to deposit)
account is meant to be a _____________holding account
that tracks payments received from customers that
_____________been deposited to your client's bank
account. Its main purpose is to make reconciliation
easier by - .....ANSWER ...✔✔ temporary
have not
combining multiple transactions into a single record
How would QuickBooks Online alert you to a
discrepancy in the beginning balance when reconciling
your clients' accounts? - .....ANSWER ...✔✔ An alert
will be displayed in the reconcile tab, stating that the
account isn't ready to be reconciled yet because the
beginning balance is off
In classic view, where would you go to make negative
numbers in a report appear in a red color? -
.....ANSWER ...✔✔ 1: The Customize button and then
the General section
, 4|Page
You want to provide your client with a professional-
looking downloadable report that includes a cover page,
table of contents, and custom letter that they can send
to potential investors. - .....ANSWER ...✔✔ Reports
center > Management reports tab
Which 2 of the following are ways to create a new tag?
- .....ANSWER ...✔✔ On the invoice, start entering the
tag name in the Tags field. Then select + Add from the
popup
Select the Manage tags link on the invoice, followed by
Create tag. Then enter the tag name
You need your client to send you a copy of a paper
receipt so that you can match it to a gas expense in
their QuickBooks Online. You create a client request
and add a screenshot of the expense entry in
QuickBooks Online to help your client identify which
receipt they're looking for. What do you need to do to
ensure the client receives an email notification to alert
them about the new request for information? -
.....ANSWER ...✔✔ When creating the request, move
the Notify client slider to On
CPI Certification Actual Exam Version 2 Newest
2025/2026 Complete All 150 Questions And
Correct Detailed Answers (Verified Answers)
|Already Graded A+||Brand New Version!!
You can find a variety of tools in Accountant Tools to
support your year-end activities. These tools include: -
.....ANSWER ...✔✔ Voided/deleted transactions
Before you can close the books, you need to: -
.....ANSWER ...✔✔ Reconcile all bank and credit card
accounts
What would be the reason for a client not seeing the
Exceptions to Closing Date report in the Reports
center? - .....ANSWER ...✔✔ The client hasn't set a
closing date
Your client needs a QuickBooks Online solution that
includes tracking for: -Sales -Sales tax -Inventory
What's the minimum subscription level in QuickBooks
Online you'd recommend? - .....ANSWER ...✔✔ Self-
Employed
,2|Page
Can users with the right permissions in a client-paid
subscription add QuickBooks Online Payroll or
QuickBooks Time to their QuickBooks Online company?
- .....ANSWER ...✔✔ Yes, by going to the Billing &
subscription section in Account and Settings
You need to add a gift basket with a collection of beauty
products to your client's list of products and services.
Which item type would you assign this to in QuickBooks
Online? - .....ANSWER ...✔✔ Bundle
Where would you go to view a list of customer
statements sent out in the current month? - .....ANSWER
...✔✔ Reports center > Statement List report
Which 2 of these common issues does the Pay down
credit card feature help to resolve? - .....ANSWER
...✔✔ Duplicate entries
Payments categorized to the wrong account
What should you do if you notice a duplicate transaction
in the bank feed? - .....ANSWER ...✔✔ Exclude the
transaction
,3|Page
What is the Undeposited Funds account (also called
Payments to deposit)?
The Undeposited Funds (or Payments to deposit)
account is meant to be a _____________holding account
that tracks payments received from customers that
_____________been deposited to your client's bank
account. Its main purpose is to make reconciliation
easier by - .....ANSWER ...✔✔ temporary
have not
combining multiple transactions into a single record
How would QuickBooks Online alert you to a
discrepancy in the beginning balance when reconciling
your clients' accounts? - .....ANSWER ...✔✔ An alert
will be displayed in the reconcile tab, stating that the
account isn't ready to be reconciled yet because the
beginning balance is off
In classic view, where would you go to make negative
numbers in a report appear in a red color? -
.....ANSWER ...✔✔ 1: The Customize button and then
the General section
, 4|Page
You want to provide your client with a professional-
looking downloadable report that includes a cover page,
table of contents, and custom letter that they can send
to potential investors. - .....ANSWER ...✔✔ Reports
center > Management reports tab
Which 2 of the following are ways to create a new tag?
- .....ANSWER ...✔✔ On the invoice, start entering the
tag name in the Tags field. Then select + Add from the
popup
Select the Manage tags link on the invoice, followed by
Create tag. Then enter the tag name
You need your client to send you a copy of a paper
receipt so that you can match it to a gas expense in
their QuickBooks Online. You create a client request
and add a screenshot of the expense entry in
QuickBooks Online to help your client identify which
receipt they're looking for. What do you need to do to
ensure the client receives an email notification to alert
them about the new request for information? -
.....ANSWER ...✔✔ When creating the request, move
the Notify client slider to On
