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QuickBooks Accounts Certification Exam With Answers (163 Solved Questions)

Get a head start on your exam with QuickBooks Accounts Certification Exam With Answers, offering real past exam practice.

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QuickBooks Online Certification Exam Answers & QuestionsQuestion 1: Which features are exclusive to QuickBooks Enterprise and not found in anyother version?Answer:Here are a few of QuickBooks Enterprise's special features:●5 to 30 users is the maximum●Unlimited number of items as opposed to Pro/Premier's maximum of 14500●Strong aspects of the inventory●Operates more quickly in a multi-user network setting with individual user access per regionQuestion 2: Which of the QuickBooks Pro and Premier versions differs most?Answer:●Using QuickBooks Premier, you can handle reports related to your industry, like Wholesaleand manufacturer, Retail, Non-Profit, Professional, Contractor, and services, and generatepurchase orders straight from sales orders and change orders. This function is absent fromQuickBooks Pro.Question 3: What are the key pointers for a newcomer looking to expedite their QuickBookswork?Answer:Before opening the QuickBooks program, the following points should be remembered:●Check the date. Reports with incorrect dates are invariably inaccurate.●Instead of using Enter, use Tab: Enter at an angle that is opposite of what you wish.●Utilize shortcuts: putting in data entry more quickly, especially when dealing with dates. Inaddition, eliminate duplicate transactions and reconcile accounts.●If you find a lost page, use the Home page.●Observe accounting rules, including those regarding revenue recognition and cost matching.Question 4: Which financial reports, whether for tax preparation or another purpose, need tobe created at the end of the year?Answer:

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