Quickbooks Test 1

Quickbooks Test 1

Assessment

Flashcard

Other

9th - 12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Student preview

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25 questions

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1.

FLASHCARD QUESTION

Front

What is the first step when you want to create a new company file?

Back

Click the File menu and select new company

2.

FLASHCARD QUESTION

Front

During the Advanced Setup, you can turn on and off which features in the EasyStep Interview? Sales tax, Inventory, Progress Invoicing, All of the above

Back

All of the above

3.

FLASHCARD QUESTION

Front

During the Advanced Setup, you can set up a password for which of the following users during the EasyStep Interview?
Options: administrator, external accountant, you cannot setup passwords during the easystep interview, all users

Back

administrator

4.

FLASHCARD QUESTION

Front

When setting up a new company through the Advanced Setup, which piece of information does QuickBooks require you to enter during the EasyStep Interview? Options: company name, company password, tax ID, all of the above

Back

company name

5.

FLASHCARD QUESTION

Front

How do you set up multiple businesses in QuickBooks (assuming each business files a separate tax return)?

Back

use the advanced setup to go through the easystep interview for each company

6.

FLASHCARD QUESTION

Front

During the Advanced Setup, how do you setup a new account that is not on the default list of accounts during the EasyStep Interview?

Back

you can't add accounts that are not on the QuickBooks default list. Finish the interview and add the accounts directly to the Chart of Accounts.

7.

FLASHCARD QUESTION

Front

During the Advanced Setup in QuickBooks, what "Start Date" should you use in the EasyStep Interview for a company that started in 1911?

Back

The date you want to begin tracking the company's finances in QuickBooks.

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