QuickBooks Certification Test Questions & Answers 100% Correct (SCORED A+)

After quickbooks sets up a chart of accounts in the easy step interview, which of the following is True? - ANSWERSIt's possible to add more accounts later #Assume that quickbooks is now in single user mode. What does this mean? - ANSWERSonly one user can access the data file The bank notified you that a customer's check you deposited has bounced. The customer did not have sufficient funds to cover the check. What should you do? - ANSWERSRecord a transaction to show the customer owes you the money and that the checking balance decreased by that same amount #How can you ensure that invoice detail does not appear on a customer statement? - ANSWERSUncheck the show invoice item detail on statements box in the create statements window #How do you add or delete columns on a report? - ANSWERSClick the customize report button and on the display tab check or uncheck add or remove columns #How do you change text in the header/footer of a report? - ANSWERSClick the customize report button and on the header/footer tab change the name How do you change the report basis, accrual vs. cash for just one report? - ANSWERSClick the customize report button and on the display tab choose accrual or cash How do you move list entries to a different location on the list? - ANSWERSclick on the diamond to the left of the name and then drag the name up or down the list #How do you use a different forms template when creating a new transaction? - ANSWERSOpen the form, click the templates drop down list and select the appropriate form #How would you track customer birth in quickbooks? - ANSWERSadd a custom field to the customer list **If you have a customized report that you use each month, which feature lets you run the - ANSWERSMemorize report #Name the sections of the balance sheet - ANSWERSassets, liabilities, equity #How do you access the product information window? - ANSWERSPress the F2 key Suppose you always want all reports to show a specific size and color. How do you set standard preference in quickbooks so you don't have to customize each report? - ANSWERSClick the edit menu and select preferences then click the reports and graphs group to set preferences Suppose you want to restrict which users can access customer credit card numbers. How do you do this? - ANSWERSGive the user access to sales and accounts but don't chec