QUICKBOOKS ONLINE EXAM (UPDATED) 2025 ACTUAL
EXAM QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) ALL ANSWERED {37 Q & A}
ALREADY GRADED A+ | GUARANTEED PASS
What are three recurring transaction types in Quickbooks Online?
(Choose 3)
B) Reminder
C) Scheduled
E) Unscheduled
For which two reasons should you connect your online bank accounts to
Quickbooks Online? (Choose 2)
A. To ensure that your data remains secure
B. To help prevent data entry errors
,2
For which two reasons should you set up the services and products you
sell in quickbooks Online? (Choose 2)
B) So you can track sales by product and service
C) So you can add each product and service to invoices ,sales receipt,
expenses, and other sales forms
Quickbooks online, what is the difference between voiding and deleting
a check?
D. Voiding a check keeps it in reports but reduces its value to zero
Deleting a check removes it from reports other than the Audit Log.
Move each financial report from the list on the left to the correct
description on the right.
1) Show assets, liabilities, and equity at one point in time.
2) Used to understand changes in revenues and expenditures
3) Shows income, expenses, and net income during a specific time
period.
4) Provides information about the current financial health of a business.
, 3
1) Balance sheet
2) Profit and loss statement
3) Profit and loss statement
4) Balance sheet
For each statement about managing unbilled expenses in Quickbooks
Online, select True or False.
1) The unbilled costs by job report displays the unbilled expenses
2) If you clear the billable check box for a cost, it is no longer a business
expense.
3) You can change the billable status of a cost by selecting or clearing
the Billable check box on the check.
1) True
2) False
3) True
For each aspect of a report, select YES is you can customize that aspect
or No if you cannot.