BUS4406 Quickbooks Section 5 Questions and Answers University of the People

SECTION 5
Question 1
What 4 things can be done in the Wrap-up tab of Books review in
QuickBooks Online Accountant?

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 Create a new QuickBooks Online client subscription



 Invite new users to a QuickBooks Online company

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 Move an existing QuickBooks Online client subscription to your firm



 Prepare reports

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 Create an additional to-do checklist

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 Send report packages



 Close the books



 Cancel an existing QuickBooks Online client subscription




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, Question 2
What 2 tasks can be performed from the Setup tab in the client’s
Books review?

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 Review any outstanding transactions 90 days or over

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 Look for any accounts that might have unusual balances

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 Verify the chart of accounts has the correct industry- and entity-specific
accounts

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 Identify any transactions that do not have payees

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 Identify any accounts that have had no activity in the last 90 days




 Check to see which accounts have been reconciled




Question 3
Nina is using Books review to complete a month-end close for a client.
What are 3 workflow tabs in the Books review center?

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 Open issues, Account reconciliation, Final review






This study source was downloaded by 100000897367967 from CourseHero.com on 06-19-2025 06:05:53 GMT -05:00


https://www.coursehero.com/file/185956094/QB-Section-5-2023docx/