Question: 1 4 . How do you confirm the data that QuickBooks is importing and make final changes? 1 point In the Import Summary window In
How do you confirm the data that QuickBooks is importing and make final changes?
point
In the Import Summary window
In the Map Data window
In the Dashboard
In the Reports section
What is the first step to import products and services into QuickBooks?
point
Click Import Data and then Products and Services
Select the Gear Icon and then Manage Products
Navigate to the Dashboard and choose Import Products
Use the Reports section to import product data
How do you add a new user and set their level of access in QuickBooks?
point
Click the Gear Icon, then Manage Users, and click Add user
Access the Reports section and add a new user
Navigate to the Dashboard and choose Add User
Use the Import Data function to add a user
What information is required to invite an accountant user in QuickBooks?
point
First name, last name, and phone number
Accountants email address
Business address and contact info
Accountants certification number
How can you set up sales tax in QuickBooks for a new province?
point
Click Taxes, then Manage Sales Tax, and Add Tax
Navigate to the Dashboard and choose Set Up Sales Tax
Access the Reports section and select Manage Taxes
Use the Import Data function to add sales tax information
How can you set up sales tax in QuickBooks for a new province?
point
Click Taxes, then Manage Sales Tax, and Add Tax
Navigate to the Dashboard and choose Set Up Sales Tax
Access the Reports section and select Manage Taxes
Use the Import Data function to add sales tax information
What is the default reporting method in QuickBooks?
point
Cash basis
Accrual basis
Hybrid method
Single entry
What is the purpose of the Closing Date password in QuickBooks?
point
To protect the financial yearend summary
To prevent unauthorized changes to closed accounting periods
To secure access to payroll records
To lock the Dashboard from unauthorized access
Where can you invite your accountant to access your QuickBooks Online company?
point
From the Manage Users section
By clicking My Accountant in the left navigation bar
From the Reports section
Using the Import Data function
What is the first step to enable sales tax in QuickBooks?
point
Register for a GSTHST number with the Canada Revenue Agency
Click Taxes in the navigation bar
Enter your business address
Set up your Chart of Accounts
How can you add a logo to your QuickBooks company profile?
point
Upload it via the Reports section
Add it through the Company Info settings
Email it to QuickBooks support
Use the Import Data function
What should you click if you forget your QuickBooks signin information?
point
Remember me
I forgot my user ID or password
Help
Contact support
Which tab on the Dashboard provides shortcuts to various transactions and activities?
point
Business Overview
Get Things Done
Income
Expenses
What information can be viewed in the Business Overview tab of the Dashboard?
point
Inventory levels
Simplified Profit & Loss
Customer reviews
Supplier contracts
In the Bank Accounts section of the Dashboard, what does the QuickBooks balance include?
point
Only past transactions
Future dated transactions
Transactions not yet entered
Only bank transactions
What does Privacy mode do on the Dashboard?
point
Hides sensitive financial figures
Logs out inactive users
Disables printing
Restricts user access
Where is the Navigation Bar located in QuickBooks Online?
point
Top of the screen
Righthand side
Lefthand side
Bottom of the screen
What does the Banking link in the Navigation Bar display?
point
Payroll details
Bank feed for connected accounts
Customer information
Product listings
What is the purpose of Bank Rules in QuickBooks Online?
point
To create new transactions
To automate how bank items are handled
To manage payroll
To update customer information
What tab would you click to view all sales transactions made in your company?
point
Overview
Invoices
All Sales
Customers
What information is displayed in the Customers List?
point
Product inventory
Supplier details
Customer's name, phone number, and accounts receivable balance
Employee salaries
What can be viewed in the Products and Services section?
point
Employee payroll details
Supplier contracts
Items being sold by the business
Tax filings
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