Question $3$ of $35$

A client wants QuickBooks to run with multiple users with different permission levels. Which of these products might you recommend?

AAny subscription level of QuickBooks Online

BQuickBooks Self$-$Employed, QuickBooks Online Essentials and Plus

CQuickBooks Self$-$Employed and any subscription level of QuickBooks Online

DQuickBooks Desktop Pro, Premier, Mac, QuickBooks Online Essentials and Plus

Question $4$ of $35$

When working with clients who use QuickBooks Desktop Premier Contractor, which version of QuickBooks would allow you to $$toggle$$ to see the same user interface as the client?

AQuickBooks Desktop Accountant

BQuickBooks Desktop Pro

CQuickBooks Desktop Premier

DQuickBooks Online

Question $5$ of $35$

Which of these QuickBooks Desktop products feature the Working Trial Balance?

AQuickBooks Desktop Accountant

BQuickBooks Desktop Pro

CQuickBooks Desktop Premier

DQuickBooks Online

Question $6$ of $35$

Your client has been using QuickBooks Desktop Pro but is considering making some changes in their business workflow. Which of these changes would necessitate a move up to QuickBooks Desktop Premier?

AMileage tracking

BInventory tracking

CMultiple currencies

DMultiple units of measure

Question $9$ of $35$

Your client$$s computer monitor is best suited to using the Top placed Icon Bar in QuickBooks. What preference setting will permit your client to assign a light color for the background of the Top Icon Bar?

AGeneral, My Preferences, Switch to colored icons$/$light background on the Top Icon Bar

BDesktop View, My Preferences, Switch to colored icons$/$light background on the Top Icon Bar

CGeneral, Company Preferences, Switch to colored icons$/$light background on the Top Icon Bar

DDesktop View, Company Preferences, Switch to colored icons$/$light background on the Top Icon Bar

Question $10$ of $35$

How do you turn on account numbers for the chart of accounts?

AEnter them during the EasyStep Interview

BTurn on the General preference titled "Use account numbers"

CTurn on the Accounting preference titled "Use account numbers"

DAccount numbers are automatically turned on; you do not need to do anything

Question $12$ of $35$

Which of the following is a characteristic of Account Types in QuickBooks?

AYou can create additional account types in the Chart of Accounts

BYou can rearrange accounts of similar type in the Chart of Accounts

CYou must create Equity type accounts at the beginning of the new file process

DYou can change the name of an account type $($eg "Equity" type accounts can be renamed "Capital" type accounts$)$

Question $13$ of $35$

Which of the following accounts can be changed to another account type when editing an existing general ledger account?

APayroll Liability

BPrepaid Expenses

CSales Tax Payable

DUndeposited Funds

Question $14$ of $35$

Which of the following functions do items perform?

ACreate a customized chart of accounts

BTrack the gain$/$loss on the sale of fixed assets

CLink a customer to a specific Accounts Receivable account

DHandle the behind$-$the$-$scenes accounting for sales and purchases

Question $17$ of $35$

Which type of item would you set up to hide details of line items on a printed invoice?

AGroup

BService

CInventory Part

DNon$-$inventory Part

Question $20$ of $35$

A client manufactures swimming pool covers from labor and materials. Which type of item should be used to track the sales of the covers?

AService

BInventory Part

CNon$-$inventory Part

DInventory Assembly

Question $21$ of $35$

Which of the following best describes a client who might use the single unit of measure mode?

AA manufacturer that assembles each bicycle

BA consultant who bills by the hour and the day

CA retail store that buys ribbon by the spool and sells by the foot

DA manufacturer that produces olive oil and sells by the gallon, case, and bottle

Question $22$ of $35$

What is true about setting a closing date and password in QuickBooks Desktop?

AIt zeroes out all profit & loss accounts for periods up to and including the closing date

BIt prevents all users from reviewing transactions up to and including the closing date unless they enter the password

CIt prevents changes, entries, and deletions to all entries up to the closing date unless the user enters the closing date password

DIt condenses all entries up to and including the closing date; the password is the Admin user's password, which is required to accept this irreversible option

Question $23$ of $35$

Which of the following is the BEST use of the class feature?

ARetail operation: To track activity for each location

BTravel agency: To track revenue for commission calculations

CLandscaping company: To track total paid to specific vendors

DConstruction company: To track profitability from a specific project for a large customer