INTUIT QUICKBOOKS CERTIFICATION EXAM
(2025-2026) 200+ PRACTICE QUESTIONS AND
ANSWERS GRADED A+ LATEST
You've been hired by a company that started in 1911. They've never used
QuickBooks. During the EasyStep Interview, what "Start Date" should you use?
The date you want to begin tracking the company's finances in QuickBooks
When setting up a new company through the EasyStep Interview, some company
information is optional and some is absolutely required. Which of the following
pieces of information does QuickBooks require you to enter?
Company name
Which of the following is NOT a backup option in QuickBooks?
Removes all transactions while leaving lists, preferences, and service subscriptions
intact.
If you choose to "Remove Transactions as of a specific date" from the "Clean Up
Company Data" window, what does QuickBooks do?
,Removes all transactions while leaving lists, preferences, and service subscriptions
intact.
What do the diamonds mean on certain lists (for example, the diamonds to the left
of each Customer:Job)?
You can click on the diamond and move the list entry to a different location on the
list.
What is the maximum number of names that can be included on the Names lists in
QuickBooks Pro or Premier?
14,500
What item type should you use for inventory that you assemble from other items
and then sell?
Inventory Assembly
Which of the following statements is true concerning items?
You can use one item to represent different services or goods, Items allow you to
track your sales in more detail without cluttering your Chart of Accounts or Profit
& Loss, and To create an invoice, you must use an item.
,When should you create an invoice in QuickBooks?
When a customer purchases goods or services but does not pay you at the time of
the sale
When should you use a Sales Receipt in QuickBooks?
To record a customer payment at the time of sale
How do you track accounts payable in QuickBooks?
Enter a bill, and then use the Pay Bills window.
What transaction/form do you begin with to enter a vendor credit?
Enter Bill
When printing paychecks, what is the preferred check style to give an employee a
paystub?
Voucher
, When setting up a new employee, what is important about the Payroll Info tab?
Whatever you enter/see in this window affects each paycheck, unless you change
the information on the paycheck itself
How do you create a memorized group of reports?
Open the Memorized Report List and then click Memorized Report > New Group
What is the purpose of subaccounts?
Track finances in more detail by grouping accounts in a logical fashion and
showing a subtotal for those accounts
When you run Financial Statements in QuickBooks, what bookkeeping basis can
you use to view the report?
Cash Basis, Accrual Basis, and you can switch the bookkeeping basis if you want.
What are the 2 main Financial Statements you can run from the "Company and
Financial" category of reports?
Balance Sheet, Profit and Loss
(2025-2026) 200+ PRACTICE QUESTIONS AND
ANSWERS GRADED A+ LATEST
You've been hired by a company that started in 1911. They've never used
QuickBooks. During the EasyStep Interview, what "Start Date" should you use?
The date you want to begin tracking the company's finances in QuickBooks
When setting up a new company through the EasyStep Interview, some company
information is optional and some is absolutely required. Which of the following
pieces of information does QuickBooks require you to enter?
Company name
Which of the following is NOT a backup option in QuickBooks?
Removes all transactions while leaving lists, preferences, and service subscriptions
intact.
If you choose to "Remove Transactions as of a specific date" from the "Clean Up
Company Data" window, what does QuickBooks do?
,Removes all transactions while leaving lists, preferences, and service subscriptions
intact.
What do the diamonds mean on certain lists (for example, the diamonds to the left
of each Customer:Job)?
You can click on the diamond and move the list entry to a different location on the
list.
What is the maximum number of names that can be included on the Names lists in
QuickBooks Pro or Premier?
14,500
What item type should you use for inventory that you assemble from other items
and then sell?
Inventory Assembly
Which of the following statements is true concerning items?
You can use one item to represent different services or goods, Items allow you to
track your sales in more detail without cluttering your Chart of Accounts or Profit
& Loss, and To create an invoice, you must use an item.
,When should you create an invoice in QuickBooks?
When a customer purchases goods or services but does not pay you at the time of
the sale
When should you use a Sales Receipt in QuickBooks?
To record a customer payment at the time of sale
How do you track accounts payable in QuickBooks?
Enter a bill, and then use the Pay Bills window.
What transaction/form do you begin with to enter a vendor credit?
Enter Bill
When printing paychecks, what is the preferred check style to give an employee a
paystub?
Voucher
, When setting up a new employee, what is important about the Payroll Info tab?
Whatever you enter/see in this window affects each paycheck, unless you change
the information on the paycheck itself
How do you create a memorized group of reports?
Open the Memorized Report List and then click Memorized Report > New Group
What is the purpose of subaccounts?
Track finances in more detail by grouping accounts in a logical fashion and
showing a subtotal for those accounts
When you run Financial Statements in QuickBooks, what bookkeeping basis can
you use to view the report?
Cash Basis, Accrual Basis, and you can switch the bookkeeping basis if you want.
What are the 2 main Financial Statements you can run from the "Company and
Financial" category of reports?
Balance Sheet, Profit and Loss
