QuickBooks Certification Exam Study Set
with Answers
Question 1
In QuickBooks Online, which items should you mark as Billable?
Correct Answer
Expenses for which a customer should reimburse you
Question 2
For each statement about managing unbilled expenses in Quickbooks Online, select
True or False.1) The unbilled costs by job report displays the unbilled expenses2) 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.
Correct Answer
1) True
2) False
3) True
Question 3
What information does an Accounts Receivable Aging report present?
Correct Answer
Overdue invoices with due dates, days past due, and totals for each customer
Question 4
You mailed a check to pay your monthly rent. The check was lost in the mail and was
never cashed. What should you do with the check in QuickBooks?
Correct Answer
Void the check