15% 10% 5 points QUESTIONS Where can you find the Quick Start 1. template of client onboarding tasks? In the Apps tab of your QuickBooks Online Accountant firm In the Work tab of your QuickBooks Online Accountant firm In the Team tab of your QuickBooks Online Accountant firm In the ProAdvisor tab of your QuickBooks Online Accountant firm 5 points QUESTION To be listed in the QuickBooks App Center, app mustWhich option correctly completes the 1. sentence? Offer a free subscription Be developed by Intuit Meet strict requirements and undergo a testing process 5 points QUESTION Look at this statement and decide 1. Whether it's true or false Once Chris has connected his QuickBooks Online account to his bank, his bank activity is automatically added to his books True False 5 points QUESTIONS Once a client list is imported, where can the customers from the list be found in I. QuickBooks Online? Under the Customers tab in the Sales Center By running an Accountant report Under the Customers tab in the Expense Center 5 points QUESTION 9 There are four types of Products and Services. What Type would you select for a collection of Products and Services that you sell together? For example, a gift basket with a collection of specific I beauty products. Service Non-Inventory Bundle Inventory points QUESTION 10 Which QuickBooks subscription allows invoicing and tracking business expenses but does not track account I receivable or sales tax? QuickBooks Online Accountant QuickBooks Expense QuickBooks Self-Employed QuickBooks ProConnect Tax Online 5 points QUESTION 11 QuickBooks Self-Employed QuickBooks ProConnect Tax Online 5 points QUESTION 11 1. What is a vendor? A customer that needs his tree trimmed A neighbor that offers to purchase your products A business that supplies products for your business The business that purchases products from another business 5 points QUESTION 12 When would you recommend merging L. accounts to a client? If two accounts are being used for the same thing When the client asks if they can put everything in one account When a client has added more than one of the exact same accounts unnecessarily If there are too many account active in the Chart of Accounts 5 points QUESTION 13 A client must already have an existing QuickBooks Online account before an 1. accountant can work with the client? True False 5 points QUESTION 14 Once you've imported a customer list where will you find the customers listed 1. in this client ist? Under the Customers tab in the Sales Center By running an Accountant report Under the Customers tab in the Expenses Center 5 points QUESTION 15 The Client Overview is a great way to see your client's account at a glance. What are they key benefits of this? I select all that apply) Concise subscription information Recent banking activity stats Outstanding task reminders Early indications of banking errors s points QUESTION 16 Wholesale billing has three key benefits 1. What are they? (select all that apply Bundling all client subscriptions into one invoice Direct billing Faster payments Easy tracking Switching anytime 5 points QUESTION 17 Recent banking activity stats Outstanding task reminders Early indications of banking errors 5 points QUESTION 16 Wholesale billing has three key benefits. 1. What are they? (select all that apply Bunding all client subscriptions into one invoice Direct billing Faster payments Easy tracking Switching anytime 5 points QUESTION 17 If an opening balance of $100 recorded for a vendor you just added QuickBooks Online creates a journal entry. Which option from the list below 1. are features of this journal entry? The journal entry will increase Accounts Payable The journal entry will decrease the vendor balance account Details about the bills will be recorded automatically The journal entry will increase the Opening Balance Equity account 5 points QUESTION 18 The organizes financial transactions to allow you and your client to analyze the business's financial data, run financial reports, and prepare for 1. tes Chart of Accounts Sales Center Customer List Profit and Loss 5 points QUESTION 19 Which of the options are true of setting 1. up and editing a Chart of Accounts? Merged accounts can't be unmerged Numbers in a QuickBooks Online Chart of Accounts can't be changed Merged accounts can be unmerged Deactivated accounts can be reactivated 5 points QUESTION 20 Craig wants to add a new non-inventory product for pesticides. This is something he purchases from a vendor, but he doesn't chart customers for it directly It's just something he uses as part of his gardening service. What account should 1. he link it to in the Chart of Accounts? Supplies (expenses) Pest Control Services (income) Office Expenses expense) Accounts Payable (ibility)
