Question 1

Barbara from Broad Street Communications is having a problem invoicing for billable expenses for their customer, Sadie's Car Parts. Sadie's has several locations that are set up as sub-customers in Broad Street's books. When Barbara creates an invoice for Sadie's Car Parts to include billable expenses for all locations, they notice that some billable expenses are not in the drawer.

Why might that happen?

A- Sadie's Car Parts is configured to Bill the parent customer

B- Sadie's Car Parts is not configured to Bill the parent customer

C- At least one of Sadie's locations (a sub-customer) is configured to Bill the parent customer

D- Barbara does not have permission to access one of the sub-customers

E- At least one of Sadie's locations (a sub-customer) is not configured to Bill the parent customer

Question 2

QuickBooks Online is able to keep track of charges you wish to invoice at a later date.

What are the 3 types of billable charges for which you can invoice at a later date in QuickBooks Online?

A- Billable Supplies

B- Purchase Orders

C- Billable Time

D- Delayed Charges

E- Billable Expenses

F- Estimates

Question 3

Which statement is true about time tracking and billable time in QuickBooks Online?

A- When no service item is specified on the timesheet, QuickBooks Online won't bring the time onto the invoice

B- Employees can never see and edit their billing rates in QuickBooks Online

C- The starting day of the work week can be changed

D- Unlimited time tracking users can be invited to enter their own time in all subscription levels of QuickBooks Online

Question 4

Stanley Smith, Attorney-at-Law, has the following types of charges for his clients. For which of these options would you enter a delayed charge?

A- Staff time entered in QuickBooks Online

B- Court recording fees

C- Parking expense from a client meeting

D- Monthly retainer

E- Title insurance payment of behalf of client

Question 5

Which 2 statements are true regarding classes in QuickBooks Online?

A- Multiple classes can be assigned to a transaction

B- Classes can be assigned to both the source and target of a transaction

C- Columns in a customized Balance Sheet by Class will always balance

D- The label for Class tracking can be changed to suit client's needs

E- The Not Specified column on a Profit and Loss by Class represents transactions that have not had a class specified