Linkedin QuickBooks Online Essential Training Multiple Choice Questions:

12. QuickBooks Online editions allow a specific number of users to access your financial records. Which type of user doesn't count toward that user limitation? A. User who set up the company B. Admin user C. Time-tracking user D. Standard user 13. Randall uses QuickBooks Online Plus to track the jobs his company runs. Which feature is most suitable for job costing in this edition of the software? A. Projects B. Locations C. Classes D. Subcustomers 14. What type of transaction do you create to record depreciation? A expense B. journal entry C. one deposit and one expense D. liability 15. Zhen needs to quickly create a customer and plans to add the rest of the information later. Which field in the Customer information screen is required? A. Display name as B. Company name C. Display name as, First name, and Last name D. Customer name 16. When you make customers, vendors, products, or services inactive, what changes occur in QuickBooks Online? A. The items you make inactive no longer appear in QuickBooks Online lists and drop-down lists. You can't make them active again. B. The items you make inactive no longer appear in QuickBooks Online lists and drop-down lists, but you can make them active again. C. The items you make inactive appear in QuickBooks Online lists and drop-down lists with "(deleted)" after their names. D. Any open transactions related to those items are voided. 17. A customer pays you monthly for the hours you spend on maintenance during the month, so your invoice amount varies from month to month. The recurring transaction you set up for this invoice should be set to A. reminder B. memorized C. unscheduled D. scheduled