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QuickBooks Online Certification Test - 2024, Exams of Nursing

University of CambridgeNursing

QuickBooks Online Certification Test - 2024

Typology: Exams

2023/2024

Available from 07/07/2024

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rosze-macharia 🇬🇧

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QuickBooks Online Certification Test -
2024
QuickBooks Online - Answer Marcus runs a small tailoring firm called Tailoring to Your Needs, Inc. in
Santa Barbara. He needs something that will help him manage his finances with the help of his
accountant.
Which product do you think might suit him best?
350
- 50 points for each of the five new client subscriptions
- 100 points for Alison passing her exam - Answer Dianne's team recently added five new QuickBooks
Online client subscriptions to the firm, and Alison, the bookkeeper, just passed her QuickBooks Online
Certification exam.
How many points will this earn the firm?
In the ProAdvisor section, under Your Practice - Answer On the QuickBooks Online Accountant
dashboard, where would you go to find the best advice for ProAdvisors to develop their businesses and
access certifications?
QuickBooks Online Accountant - Answer Pedro is a bookkeeper who has taken on some new clients. He
now supports a mixture of small businesses and self-employed freelancers.
QuickBooks Online client's books
QuickBooks Self-Employed client's books
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pf4
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QuickBooks Online Certification Test -

QuickBooks Online - Answer Marcus runs a small tailoring firm called Tailoring to Your Needs, Inc. in Santa Barbara. He needs something that will help him manage his finances with the help of his accountant. Which product do you think might suit him best? 350

  • 50 points for each of the five new client subscriptions
  • 100 points for Alison passing her exam - Answer Dianne's team recently added five new QuickBooks Online client subscriptions to the firm, and Alison, the bookkeeper, just passed her QuickBooks Online Certification exam. How many points will this earn the firm? In the ProAdvisor section, under Your Practice - Answer On the QuickBooks Online Accountant dashboard, where would you go to find the best advice for ProAdvisors to develop their businesses and access certifications? QuickBooks Online Accountant - Answer Pedro is a bookkeeper who has taken on some new clients. He now supports a mixture of small businesses and self-employed freelancers. QuickBooks Online client's books QuickBooks Self-Employed client's books

Your practice's own books - Answer When you sign in to QuickBooks Online Accountant, whose books can you directly access and manage? Select all that apply. It's used to access a range of workflows for customers, vendors and employees - Answer In QuickBooks Online Accountant, what can the + New button be used for? Discounts on software and apps Access to training and support Access to marketing resources Your firm will be listed in the Find-a-ProAdvisor directory - Answer Which of the following benefits will you gain by becoming a ProAdvisor? Select all that apply. When you add a new Self-Employed client When you set up a new client with a QuickBooks Online subscription When a member of your team passes the certification exam - Answer How do you earn points for your firm through the ProAdvisor program? Select all that apply. In the cloud - Answer Because QuickBooks Online is ________________, files are synced in real time, so you can work with your clients from anywhere, from any connected device. Which of the following correctly completes the statement? Record transactions Document and file receipts Review unpaid bills Prepare and send invoices Pay vendors, sign checks Review projected cash flow - Answer Which of the following tasks should be performed weekly? Select all that apply. Accountant Tools - Answer Now let's see how easy it is to navigate around a client's QuickBooks Online company.

They should take a photo of the receipt on their mobile phone and attach it to an expense transaction via the QuickBooks Online mobile app - Answer Your client complains they have too many expense receipts to keep track of and they keep losing them. Which of these is the best advice? Undeposited Funds - Answer Craig has received several checks from his customers, totaling $2500. He's marking the payments as Received in QuickBooks Online. Which account should he record the payments to?

  1. Receive payment 5) Create a bank deposit transaction - Answer Take a look at the following customer workflow: Provide service Invoice customer

Take money to the bank

Which 2 steps in QuickBooks Online complete the customer workflow? By going to the Money Bar - Answer Let's see if we can help Craig by showing him some important information about money his customers owe him. Using the Sales Center, how can you quickly find the overdue invoices in a company's accounts? Payments and billing - Answer Craig adds another new customer, Cool Cars. He has agreed to payment terms of 60 days. Where can Craig record this information so it appears automatically on new invoices? Credit memo - Answer "Transaction forms that reduce the amount owed on a customer's account and record the return of goods" Which transaction type is being described above? You can add a new customer without leaving the process

You can use + New to get to the Sales Receipt screen - Answer Which of the following are accurate descriptions of the process of creating a sales receipt in QuickBooks Online? Select all of the options that are true. It's what you send a customer when work has been done and payment is due - Answer Which is the best definition of an invoice from the options below? Sales receipt - Answer The ________________ transaction is used to record a sale that was completed and paid for at the time of sale. By selecting the Overdue area of the money bar in the Customer List - Answer How can your clients quickly see how many overdue invoices each of their customers has? By selecting Receive payment in the + New menu By selecting the Receive payment link next to any outstanding invoice - Answer Which two of the following are methods of recording a received payment in QuickBooks Online?