Linkedin QuickBooks Online Essential Training Multiple Choice Questions:

7. QuickBooks Online has downloaded transactions that Quincy already recorded and reconciled. How should he handle these transactions? A. On the Downloaded tab, turn on the checkboxes for these transactions and the choose Ignore in Batch actions. B. On the Review tab, turn on the checkboxes for these transactions and then choose Exclude selected in Batch actions. C. You don't have to handle them. QuickBooks Online doesn't download transactions that match ones already in your records. D. On the Review tab, turn on the checkboxes for these transactions and then choose Delete in Batch actions. 8. Mariana creates a service in QuickBooks Online for services provided by vendors. What entry must she choose first to document purchasing information? A Cost field B. Description on purchase forms field C. "I sell this product/service to my customers" checkbox D. "I purchase this product/service from a vendor" checkbox 9. If you have reconciled an account before, you need all of this information except to reconcile a bank account. A. bank statement starting balance B. statement closing date C. ending balance in QuickBooks Online D. bank statement with transactions to reconcile 10. When you set up a bank account for direct connection you must provide all of these values except what? A. Manually record transactions in QuickBooks Online. B. Download a statement from your bank and import it into QuickBooks Online. C. Download a properly formatted data file from your bank and import it into QuickBooks Online D. Run an app on your bank's website to import transactions into QuickBooks Online. 11. The first time you print checks in QuickBooks Online, a setup window appears. What does the print check setup do? A. It aligns the printed check data to the check stock in your printer. B. It starts the check numbers at the correct number. C. It adds the correct fields to the check D. It ensures the printer can feed the check stock without jamming